Karen Wares is the Head of Broker Relationship and Prime Services Management at J.P. Morgan Asset Management. In this role she leads a number of functions, including Prime Brokerage, Clearing, External Research Management, and the Global Trading Agreements Group. She also serves as the Senior Broker Relationship Manager across Asset Management where she is globally responsible for the firm’s largest counterparty relationships.
Prior to joining J.P. Morgan Asset Management in 2014, Karen worked in the J.P. Morgan Investment Bank for 14 years where she held a variety of leadership positions. Most notably, she was part of the core team responsible for establishing J.P. Morgan’s global FX and Derivatives Prime Brokerage Business and played a crucial role in the build-out of the OTC Clearing platform post the financial crisis. She also spent three years serving as Assistant General Counsel for the Investment Bank and running the F&O and OTC Clearing legal negotiation team.
Karen earned her Juris Doctor from Brooklyn Law School and has a BA in Political Science from The Pennsylvania State University, with minor concentrations in Business and Spanish. Karen is an alumni co-chair of Women on the Move-Asset and Wealth Management at J.P. Morgan, an organization of over 3000 members that serves to attract, develop, promote, and retain female talent across the firm, and currently runs the Male Ambassador Program which she successfully established within that organization