Final answer:
The Chief Risk Officer (CRO) is typically responsible for the Enterprise Risk Management function, focusing on identifying and mitigating risks within an organization.
Step-by-step explanation:
The officer typically responsible for the Enterprise Risk Management (ERM) function is the Chief Risk Officer (CRO). The CRO's role is focused on identifying, analyzing, and mitigating internal and external risks that could threaten the organization. While other executives, such as the Chief Financial Officer (CFO), Chief Executive Officer (CEO), and Chief Operating Officer (COO) also play significant roles in managing risk and making strategic decisions, the CRO position is specifically designed to concentrate on the company's overall risk management strategies.