Some neo-con ironically backed Latino banker (7)
I believe the answer is:
orinoco
'latino banker' is the definition.
'orinoco' can be an answer for 'banker' (I've seen this before). I am unsure of the 'latino' bit.
'some neo-con ironically backed' is the wordplay.
'some' indicates a hidden word (some of the parts of the word are used).
'backed' says the letters should be written backwards.
'oconiro' can be found hidden inside 'neo con ironically'.
'oconiro' reversed gives 'ORINOCO'.
Can you help me to learn more?
(Other definitions for orinoco that I've seen before include "Common character" , "large flow of water" , "South American river flowing into the Atlantic" , "Colombia/Venezuela river" , "River of South America" .)