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 overseeing enterprise-wide risks and establishing a risk culture, developing a risk management framework, and fostering 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, and education.