Herbert (Herb) Mazariegos
Chief AML Officer, BMO Financial Group
Herb Mazariegos currently serves as the Chief AML Officer for BMO Financial Group.
Prior to January 2019, when he took on his current responsibilities, Herb served as the U.S. Chief BSA/AML/OFAC Officer, BMO Financial Group, where he was responsible for the BSA/AML/OFAC Compliance program for the U.S. Herb led the successful completion of the anti-money laundering regulatory remediation activities in the U.S. He is also the executive sponsor of the GenBMO Employee Resource Group that is focused on career development of the bank’s multi-generational employees with a concentration on millennial employees.
Prior to joining BMO, Herb was the Global Head of Bank of America's Financial Intelligence Unit. During his tenure, he was responsible for AML and economic sanctions intelligence, operations, systems, monitoring and surveillance covering the bank’s global footprint. He led strategic anti-money laundering efforts across compliance, risk, global banking and markets, technology and operations. Herb has also managed large trading operations for Bankers Trust Company.
Herb is an AML subject matter expert and active member of AML industry groups. He has a Bachelor of Science degree from Saint Francis College in New York, and is a Certified Anti-Money Laundering Specialist (CAMS), Project Management Professional (PMP), Six Sigma Black Belt, and has held FINRA Series 7 and 63 licenses. In addition, Herb serves as a director on the board of Arrupe College of Loyola University Chicago.