Vendor Risk

Jan Erik Aase, COP

VP – Procurement Vendor Management

March 29, 2010

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Jan Erik Aase, COPVP – 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 3600+ 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 1983.

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.

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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