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's responsibilities include independent review and oversight of enterprise-wide risks, leadership on risk issues, and the development and maintenance of a risk culture across the company. Erpm provides risk management oversight, ensuring that risk-taking takes place in a disciplined manner for independent transaction approval and portfolio management, as well as risk reporting, policy formulation, reporting, stress testing, modelling,