John Palma
About John Palma
John Palma serves as the Senior Vice President and Head of Credit at Wedbush Securities, where he has worked since 2021. He has extensive experience in risk management and credit operations, having held various positions in prominent financial institutions over a career spanning more than two decades.
Work at Wedbush Securities
John Palma serves as the Senior Vice President and Head of Credit at Wedbush Securities. He has held this position since 2021, contributing to the firm's operations in the New York City Metropolitan Area. In this role, he oversees trade settlement and stock option finance operations, ensuring efficient management of credit-related activities.
Education and Expertise
John Palma earned a Bachelor of Arts (B.A.) degree from St. John's University. He possesses extensive expertise in managing complex risk models and margin policies, which are critical in the financial services sector. His skills also encompass both purpose and non-purpose lending for banks and broker-dealers.
Background
John Palma has a diverse professional background in risk management and credit operations. Prior to his current role, he worked at several financial institutions, including Merrill Lynch, where he served as a Risk and Credit Control Officer from 1997 to 2000. He also held positions at Morgan Stanley, US Tiger Securities, Inc., and Cowen and Company, among others.
Achievements
Throughout his career, John Palma has been involved in performance management and recruiting within the financial services industry. His previous roles have included significant responsibilities in margin operations and risk management, contributing to the overall effectiveness of the organizations he has worked for.