Vendor Risk Jan Erik Aase, COP VP – Procurement Vendor Management March 29, 2010 Brokerage, investments and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients. © 2010 Ameriprise Financial, Inc. All rights reserved.

Jan Erik Aase, COP VP – Procurement Vendor Management Ameriprise Financial, Inc.  Jan Erik is a leader in the vendor governance and offshore outsourcing user community and is a frequent guest speaker on the subject. He was chairman of the BITS/Vendor Management working group in 2008 and is currently a Steering Committee member. He has earned the Certified Outsourcing Professional (COP) designation from the International Association of Outsourcing Professionals (IAOP). He is a founding member of the Twin Cities Outsourcing Users Group,  Jan Erik is responsible for the enterprise vendor management and contract/billing audit teams at Ameriprise. His team manages the end-to-end vendor governance process for vendors. He joined Ameriprise in 2005 at the time of their spin-off from American Express. Before joining Ameriprise, Jan Erik was VP – Resource Strategy at American Express. He began his career there in  Jan Erik holds an MBA from Brigham Young University and a BA in Organizational Communications from the University of Utah. Jan Erik, his wife Laci and their four daughters live in Maple Grove, MN.

3 Agenda What should we be thinking about? (Risk Strategy) How does this impact my company? (Compliance) Are all vendors created equally? (Tiering) What should we be doing and with whom? (Governance) Who is going to do all of this stuff? (Roles/Responsibilities) Should we be writing this down? (Policies/Procedures) Why do we care? (Regulations) Summary Q&A