Risk Assessment: Oversight for the Internal Audit risk assessment and audit planning processes for the audit portfolio, including responsibility to: Lead Internal Audit's dynamic risk assessments to maintain a current auditable entity universe of activities to capture any new products, services, and/or business activities; Monitor industry trends, regulatory developments, and emerging risks to ensure audit coverage remains relevant and effective; Support and approve the rating of inherent risks, management control activities, and residual risks, including identification of any emerging and top risk; Create and maintain the annual audit plan to review the governance and controls over the Company''s client and product distribution activities, using a risk-based approach. Our Opportunity: The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to determine if all significant risks are identified and appropriately reported by Management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.