Bank risk manager of the year :  Madelyn Antoncic, Lehman Brothers

The US dealer's risk management division completed a fundamental revamp of its strategic risk management, while also implementing new processes and systems to comply with the Securities and Exchange Commission's (SEC) new consolidated supervised entity regulatory capital framework.

Its chief risk officer is Madelyn Antoncic, a former Federal Reserve economist who has also spent eight years trading mortgage securities at Goldman Sachs. Since her appointment in September 2002, she has swelled

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