David Leung
About David Leung
David Leung serves as the Head of Compliance for North America at Afterpay, bringing over 15 years of experience in the financial services and payment industry. He specializes in compliance across various sectors, including investment and mobile payments, and is responsible for developing compliance strategies and managing regulatory relationships.
Work at Afterpay
David Leung serves as the Head of Compliance for North America at Afterpay, a position he has held since 2019. In this role, he oversees the vision and execution of the North America Compliance team, advising partners and creating compliance programs that support the growth of Afterpay's business across various product lines and markets. He manages global strategic partner relationships from a compliance perspective, which includes negotiation, ongoing management, audits, and inquiries. Leung develops the compliance team's strategy and vision to align with the company's evolving needs and supports broader compliance projects while managing team goals against established roadmaps.
Education and Expertise
David Leung earned a Bachelor of Science degree in Business Administration with a focus on Finance, Banking, and Real Estate from San Francisco State University. He possesses over 15 years of experience in the financial services and payment industry, with a strong emphasis on resolving compliance issues across various sectors. His expertise encompasses regulatory compliance regulations, including CFPB, BSA/AML, ECOA, EFTA, FCRA, TILA, TCPA, UDAAP, ERISA, and the Investment Company Act of 1940. Leung specializes in product compliance for both online and offline payment platforms and has comprehensive knowledge of governance, risk assessments, and regulatory reporting.
Background
David Leung has a robust background in the financial services and payment industry, focusing on compliance for over 15 years. His experience covers a wide range of areas, including investment, mobile and web payment, anti-money laundering (AML), consumer protection, and privacy. Leung stays updated on regulatory changes and industry developments to ensure that compliance implementations are both compliant and future-focused. His role involves managing regulatory examinations and internal/external audits of Afterpay’s compliance programs.
Achievements
In his role at Afterpay, David Leung has developed and provided compliance training programs for directors, management, and employees, offering guidance particularly in areas such as BSA/AML/OFAC. He advocates for compliance's mission within the organization and manages relationships across the company to ensure that the compliance team is effectively positioned from concept to execution. Leung oversees the management of compliance deficiencies by responding to audit concerns and implementing corrective actions as necessary.