The CDO is split into different risk classes or tranches. For instance, a CDO may have four tranches (senior, mezzanine, subordinate and equity). Losses are applied to the later classes of debt before earlier ones.

Chief data officer job description CDOs oversee a range of data-related functions that may include data management, ensuring data quality, and creating data strategy. They may also be responsible for data analytics and business intelligence — the process of drawing valuable insights from data.

A Chief Data Officer, or CDO, is an executive-level position overseeing the strategy and processes of storing and managing data for a company or organization. Because this is a leadership role, to become a CDO, you'll need experience working with data and governance and leadership and management experience.

You must have a formal education to achieve the best Chief Data Officer roles. While an undergraduate degree in data science or business is good, an MBA or data-focused master's degree is favourable as it will make you stand out from many other competitors.