Tushar Bodke

About Tushar Bodke

I am a results-driven banking professional with 17+ years of experience in trade finance operations, AML monitoring, sanctions compliance, and risk management. My career reflects a proven ability to lead teams, strengthen regulatory adherence, and drive operational excellence across complex financial environments. Key Expertise AML Monitoring & Compliance - Preparation and review of Grounds of Suspicion (GOS)- Monitoring alerts for cross-border remittance and reporting suspicious transactions - Identifying fraud typologies and recommending account closures to mitigate risk Sanctions Compliance - Screening and monitoring high-risk client names against global sanctions lists - Ensuring adherence to OFAC, UN, EU, and local regulatory frameworks - Updating negative databases and implementing controls to prevent sanctions breaches Stakeholder Collaboration - Partnering with IT, service delivery, vendors, and internal teams to design and implement new scenarios - Conducting User Acceptance Testing (UAT) and recommending system enhancements Regulatory & Audit Management - Ensuring timely closure of audit observations and implementing recommendations - Maintaining compliance with divisional SOPs and regulatory guidelines Training & Leadership - Collaborating with HR to identify training needs and mentor team members - Driving a culture of accountability, precision, and compliance excellence Specialized Knowledge - Anti-Money Laundering (AML), Trade-Based Money Laundering (TBML), and Terrorist Financing - Sanctions regimes and global regulatory frameworks - Risk exposure analysis and fraud detection Career Highlights - Currently leading AML & Sanctions Monitoring Compliance operations with a focus on risk mitigation and regulatory adherence - Formerly held progressive roles at Axis Bank, building a strong foundation in trade finance and compliance Professional Values Detail-oriented | Collaborative | Ethical | Strategic | Customer-focused

Experience

1. Assistant Vice President

   RBL Bank

   Nov 2023 — Present · Mumbai, IN

   In my current role, I lead AML monitoring at Level 2, reviewing alerts across CASA, Credit Card, and Trade-Based Money Laundering (TBML) to ensure effective risk management. I provide guidance to branches and operations teams on evolving country risk and sanctions developments, helping them stay aligned with global regulatory expectations.I work closely with my team to share updates on emerging trends in AML and sanctions compliance, fostering a culture of continuous learning. Through thematic studies and transaction analysis, I identify suspicious accounts and recommend appropriate actions to safeguard the bank’s integrity. My focus is on combining technical expertise with practical insights to strengthen compliance frameworks and support the organization’s commitment to financial security.

Education

• Indian Institute of Banking and Finance

  Certificate in Trade Finance, Trade Finance

  2017 — 2017

• SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

  PGDBM, Banking and Finance

  2019 — 2021

• Mumbai University Mumbai

  Bachelor of Science - BS, Botany/Plant Biology

  1999 — 2002

• Indian Institute of Banking and Finance

  Certificate Examination in KYC/AML

• Udemy

  Anti-Money Laundering - AML,KYC & Compliance