The Chief Risk Officer of Bmo, Cro, reports directly to the Ceo and is responsible for overseeing the Enterprise Risk and Portfolio Management and chairing the Risk Management Committee Rmc. The Cro's responsibilities involve independent review of enterprise-wide risks and leadership on risk issues, establishing a risk management framework, and promoting a strong risk culture across the company. Erpm provides risk management oversight, promoting a disciplined approach to risk-taking for independent transaction approval and portfolio management, as well as risk reporting, policy formulation, reporting, stress testing, modelling,