National Futures Association – Why Work For Us?

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National Futures Association (NFA) is the self-regulatory organization for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex) and OTC derivatives (swaps). NFA has developed and enforced rules, provided programs and offered services that safeguard market integrity, protect investors and help our Members meet their regulatory responsibilities and has done so for more than 30 years.

Investor confidence is crucial to the success of the derivatives markets, and the best way to gain investor confidence is to demand the highest levels of integrity of all market participants and intermediaries.

Membership in NFA is mandatory, assuring that everyone conducting business with the public on U.S. futures exchanges and in the retail forex marketplace must adhere to the same high standards of professional conduct. NFA membership also is mandatory for swap dealers and major swap participants. NFA's membership currently numbers approximately 4,100 firms and 57,000 associates.

NFA is a non-profit, independent regulatory organization. We do not operate any markets. We are not a trade association. We operate at no cost to the taxpayer. We are financed exclusively from membership dues and assessment fees.

NFA Cares about the Community

Beyond meeting our mission of helping to safeguard the integrity of the derivatives markets and protecting investors, we care deeply about giving back to our community and fostering a friendly, active work environment for our employees.

United Way

NFA participates in a company-wide United Way campaign, where employees can designate a portion of their salary to United Way. Along with this, NFA keeps its relationship with the United Way foundation alive year-round by offering various "Day of Caring" opportunities, as well as organizing drives for those charities in need.

Breast Cancer Awareness

On the first Friday of every month our organization offers a voluntary "Jean Day", where employees offer a donation to the Susan G. Komen Cancer Research foundation in return to sport their favorite pair of jeans.

Greater Chicago Food Depository

NFA has a long standing relationship with the Greater Chicago Food Depository. We have continued to donate our time to volunteer with organizing, packaging and sending food to help stop hunger in the Chicagoland area.

Toys for Tots

During the holiday season, NFA collect toys for the Toys for Tots program, helping to make the holidays brighter for children in need. The program is sponsored by the Marine Toys for Tots foundation in Chicago, and in New York, the New York City Fire Department (FDNY) leads this effort. Each year our donations grow, offering new toys to children of all ages, from infants to teenagers.

Operation Santa

Operation Santa is a program that provides books as holiday gifts for students less fortunate, and promotes reading and assists them academically.  Each year the number of students sponsored by NFA continues to grow. A "wish list" is provided to staff participants delegated with student's information and list of books that they are interested in reading. NFA staff present these wrapped books to students.

Heart Walk

NFA staff sign up as a sponsored team to raise funds and walk in the American Heart Association's Heart Walk in Chicago. NFA continues to support The American Heart Association's mission to build healthier lives, free of cardiovascular diseases and stroke.

Additional Community Involvement Opportunities

In addition to the programs that NFA participates in on a regular basis, we encourage our staff to find ways to engage with the local community and give back in a way that is meaningful to them. In past years, staff participated in Chicago Cares and New York Cares service day events; coat drives; birthday toy drives; and other grassroots campaigns. NFA staff find causes close to their hearts and organize opportunities for their fellow staff members to join them in their effort to support the cause.

 

NFA is the premier independent provider of regulatory programs that protect investors and safeguard the integrity of the derivatives markets. Employees are proud to work at NFA because we serve a public good. A healthy derivatives market benefits the economy, and our work gives investors confidence that they will be treated fairly when they trade in these markets.

NFA understands how important culture is to an organization, and we strive to pursue a culture of excellence in which every employee has the opportunity to succeed. From our comprehensive benefits package to the interesting work to our flexible work schedules, we've placed significant focus on creating an outstanding work experience.

We are confident that if you ask employees why they work at NFA, the majority would say, "it's because of the talented people I work with." NFA employees provide excellent opportunities for professional development, a collaborative work environment and a friendly place to work.


At NFA, we firmly believe that it is the quality of our employees that sets us apart and enables us to achieve our goals. That's why we offer a generous and flexible benefits package that allows employees to easily balance work and life and can be tailored to address their needs. Please scroll through the slides below to learn more about some of the benefits offered by NFA.

Wellness: For a company to be successful, it must have healthy and productive employees. Therefore, we offer comprehensive medical and dental plans to both our employees and their eligible dependents (including domestic partners). Employees may choose the coverage that fits their circumstances from a number of options. Coverage begins on the first day of the month following their start date. We also offer free flu shots, annual health screenings, numerous other wellness events and discounts to nearby fitness centers. Additionally, our employee assistance program provides confidential counseling sessions to discuss personal or family issues, and can help with child or elder care issues.

Retirement: We strive to ensure that our employees meet their retirement goals. In doing so, we offer a robust retirement savings plan that incorporates both a 401(k) savings plan and a defined contribution retirement plan. Employees are automatically enrolled in the 401(k) savings plan. We will match 100 percent of an employee's 401(k) contributions up to 6 percent of their pay. Through our defined contribution retirement plan, we may also make a discretionary retirement contribution annually to all employees in an amount determined by our Board of Directors. In previous years, the contribution has been 5 percent. Participation requires no employee contribution. Employees become eligible for the defined contribution plan after their first full year at NFA. Employees will be fully vested in both of these retirement plans after three years of service.

Transportation:Commuting to work each day can be expensive. To help ease this burden, we offer a $55 monthly transportation subsidy to employees who use public transportation.

Work/Life Balance: We understand the importance of promoting work/life balance for our employees. Because of this, we offer generous paid time off including vacation days and nine holidays. New employees are entitled to 10 to 15 vacation days, and all employees can use flexible benefit dollars each year to purchase up to five additional vacations days beyond their allotted number of days. NFA also allows employees the opportunity to take advantage of flexible work arrangements to help employees make the most of all aspects of life.

Continuous Learning: Our overall success as a regulator depends on the ability of our staff to continually learn and develop new skills. We offer onsite professional development and access to external seminars and online learning programs. We also recognize the importance of continuing education and provide tuition assistance up to $12,500 per year to eligible employees for advanced degree programs. Our staff also can receive educational assistance for professional certifications and financial services industry licensing examinations.

 

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National Futures Association President & CEO Daniel J. Roth
Daniel J. Roth
16 Ratings
  • Featured Review

    Great place to start your career and good work life balance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You get three weeks of training right when you start, and you'll use the things you learn during your audits. It's a great program if you have no experience in the industry. The audits and fieldwork itself can be interesting because you go to different firms on each audit, and you get to see many new things. With travel, the hotel points are yours to keep. There are other benefits as well such as flex time, work/life balance, etc. The people you work with are always willing to help.

    Cons

    It can take time to get used to the industry if you have no experience, and also the different preferences of the field supervisors.


National Futures Association Interviews

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  1.  

    Compliance Examiner Interview

    Anonymous Interview Candidate in Chicago, IL
    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied through college or university. The process took 3+ months. I interviewed at National Futures Association (Chicago, IL).

    Interview

    I applied through my university and accepted an on campus interview. The on campus interview was with a former student/ new hire, and the second on-campus interview was with a compliance manager. On-campus interview was straightforward and they wanted to know why I wanted to work for the NFA. I was invited to an on-site interview a few weeks later. This involved a case-study analysis designed to evaluate your problem solving skills and writing style. After the case analysis, two managers took me out to a nice lunch where the real interview. I liked both managers and they seemed equally impressed with me. Now, onto their downside. After the interview, I was told I would hear back in about two weeks time. After the initial follow up with the recruiter and interviewing managers, I followed up after two weeks to check on the status of my application. They kept telling me to wait, and it took them nearly THREE MONTHS to tell me they proceeded with other candidates. This process proved highly unprofessional, and frankly rude. All in all, I'm glad I'm not working for the NFA, it seems like a comfy place to work where you're subjected to mundane work.

    Interview Questions

National Futures Association Awards & Accolades

Something missing? Add an award
101 Best and Brightest Companies to Work For in Chicago, , National Association for Business Resources (NABR), 2013
Best Places to Work in Illinois (Large) , Best Companies Group, 2013
100 Best Adoption-Friendly Workplaces , Dave Thomas Foundation for Adoption, 2013
Top 100 Workplaces , Chicago Tribune, 2013
101 Best and Brightest Companies to Work For (National) , National Association for Business Resources (NABR), 2013
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Additional Info

Website www.nfa.futures.org
Headquarters Chicago, IL
Size 150 to 499 Employees
Founded 1982
Type Nonprofit Organization
Industry Finance
Revenue $50 to $100 million (USD) per year

NFA is the premier independent provider of regulatory programs that protect investors and safeguard the integrity of the derivatives markets. Employees are proud to work at NFA because we serve a public good. A healthy derivatives market benefits the economy, and our work gives investors confidence that they will be treated fairly when they trade in these markets. Our ... More

Mission: NFA aspires every day to provide its customers with the highest level of regulatory service at the lowest possible price. We define our customers as NFA Members, the investing public, other regulators and law enforcement agencies.

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