Internal Controls and Assurance Associate

About us

Over the last 18 years, we have helped over a million satisfied customers move and manage their money. Our award-winning product portfolio allows our customers to make low-cost multi-currency payments across various payment products. From travel money to transfers, currency hedging, to expense management, we are focused on a single goal of making it easy for our customers to manage and move their money.

As a business, we are committed to delivering value to our customers through the combination of advanced payments technology and personal expert service. We’re doing this by hiring exceptional people and are now looking for an Internal Controls and Assurance Associate to join our team.

Within our offices in London, Chester and Los Angeles and Europe, Equals comprises of three business lines and brands - Equals Money, FairFX and Card One Money . You will join a very close-knit, talented and supportive team from various backgrounds who believe that bringing different perspectives together helps us understand our customers & needs. United, by one thing, making money management straightforward and cost-effective for our customers.

At Equals, we are building the future of smarter, connected finance - combining payments, banking, and FX services for modern businesses. The Internal Controls & Assurance Associate plays a key role in safeguarding our operations and ensuring that our control environment remains robust, scalable, and compliant as we grow. You’ll support the design, implementation, and monitoring of internal control frameworks across financial, operational, and regulatory processes.

This role offers exposure across the business - from Finance and Treasury to Product, Engineering, and Operations - and will be integral to driving control excellence and continuous improvement.

We believe that certain skills are essential in order to be successful in this role, and these are detailed below. You may not have all the other skills we have outlined as desirable; we understand that and will still welcome your application. We will carry out individual interviews for shortlisted candidates and assess who is best suited for the role after we have discussed everything with you.

• Support the design, documentation, and maintenance of the Group’s internal control framework.

• Conduct periodic control testing and risk-based reviews to ensure compliance with FCA, PSD2, AML, and financial reporting standards.

• Identify control weaknesses, recommend improvements, and track remediation progress with process owners.

• Assist in developing new control processes as the business launches new financial products or expands internationally.

• Perform assurance reviews across business units, focusing on high-risk and high-impact processes (e.g., payments operations, reconciliations, safeguarding, data integrity, AML etc.).

• Support the delivery of the annual internal assurance plan, Outcomes testing in coordination with the Group Risk and Compliance teams.

• Maintain the control testing and issues logs, ensuring timely follow-up and closure of assurance findings.

• Contribute to ongoing risk assessments, control self-assessments (CSA), and governance reporting.

• Complete thematic reviews in line with monitoring plans.

• Prepare concise and insightful assurance reports for senior management.

• Contribute to monthly/quarterly/Annual control dashboards, Consumer duty MI and continuous monitoring metrics.

• Assist in preparing materials for internal and external audit reviews.

• Partner with Finance, Compliance, Product, and Technology teams to embed controls early in new processes and systems.

• Promote awareness and training on internal controls and assurance practices across the business.

• Support automation of assurance testing and documentation within the GRC function.

• Contribute to a culture of transparency, accountability, and control innovation within the organisation.

• Work with 1st Line teams to develop frameworks for quality assurance and quality control.

• Delivering timely, accurate, and complete control testing in line with the annual plan.

• Contributing to the delivery of assurance reviews and control self‑assessments, ensuring findings are communicated clearly and remediations tracked to closure.

• Producing concise and high‑quality reports and insights for management

• Ensuring controls align with FCA requirements, safeguarding regulations, and financial reporting standards.

• Building strong working relationships with control owners, Finance, Operations, and Compliance to foster shared accountability for control effectiveness.

• Identifying opportunities to enhance processes, automate control monitoring, and streamline assurance activities.

• Degree in Accounting, Finance, Business, or a related discipline.

• 2–4 years of experience in internal controls, audit, 2 nd Line…