The Chief Risk Officer of Bmo, Cro, reports directly to the Ceo and holds the position of head of Enterprise Risk and Portfolio Management and chair of the Risk Management Committee Rmc. The Cro is accountable for performing independent reviews and supervision of risk issues, establishing a risk management framework, and promoting a culture of risk culture across the company. Erpm provides risk management oversight, promoting a structured approach to risk-taking for independent transaction approval and portfolio management, as well as risk reporting, policy formulation, reporting, stress testing, modelling and education.