National Futures Association

  www.nfa.futures.org
  www.nfa.futures.org
There are newer employer reviews for National Futures Association

1 person found this helpful  

It was time to move on...

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Analyst in Chicago, IL
Former Employee - Analyst in Chicago, IL

I worked at National Futures Association

Pros

Great work life balance
Friendly, youthful atmosphere

Cons

No feedback unless you beg for it

Advice to ManagementAdvice

Don't just promote people because they worked on a prominent matter. People do their job day in and day out, and well too, but not everyone is "lucky enough" to get noticed.

Doesn't Recommend

21 Other Employee Reviews for National Futures Association (View Most Recent)

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  1. 1 person found this helpful  

    Major Changes Needed!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Supervisor in Chicago, IL
    Current Employee - Supervisor in Chicago, IL

    I have been working at National Futures Association

    Pros

    For those straight out of college, it is a great job to transition into the real world. The pay is enough so you won't be starving and benefits are adequate.

    Cons

    The company is essentially a monopoly so they have no pressure to improve their operations. Except for low level employees, they bring in new staff with fresh ideas. Those with good ideas are essentially quelled and pushed away. That turns upper management into those remaining that are complacent and afraid to give up their power.

    Advice to ManagementAdvice

    Replace the current directors and start over. They are a main reason why attrition is so high

    Doesn't Recommend
  2. 1 person found this helpful  

    Highly recommend working here!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Staff Auditor in Chicago, IL
    Former Employee - Staff Auditor in Chicago, IL

    I worked at National Futures Association

    Pros

    NFA has a lot of great things going for it and is probably the best company I've ever worked for. In fact, I regret leaving...

    I enjoyed the travel, the people I worked with were great and smart, and the commodities and futures industry knowledge you gain from performing audits and firm reviews is invaluable.

    Leadership is also great. How many people can say they've had a beer with one of their senior levels executives and talked liked they were old college buddies...in their first month of employment? I use that example to illustrate just how accessible everyone and down to earth EVERYONE is--executives, directors, management, field supervisors, staff.

    The initial pay is arguably a touch low BUT the benefits of work-life balance, per diem while traveling, the exceptional benefits package, the career growth, and the job security more than make up for a salary that is maybe $2k below market wages. Trust me, you will get promoted quickly and your salary will reflect it. I'd say, you can expect a $10k - $15k increase in your salary--putting you in the $65k range--in three years.

    In summary: great company, great leadership, nice co-workers, outstanding benefits, good pay.

    Cons

    The one thing that I disliked the most about NFA was the cliquish culture. NFA tends to recruit from a group of feeder schools and many people tend to run in the same college circles.

    The second challenge was the auditor-pool arrangement. Instead of traveling with the same people audit after audit and learning a persons strengths and weaknesses as well as a field supervisor's/manager's expectations I worked with a new set of people almost every audit. As a new-hire, it was like starting over again each time I went out on an audit. I didn't feel like I was able to perform my best in that arrangement.

    Advice to ManagementAdvice

    You are doing a great job, keep up the good work! You listen to suggestions, adjust when it makes business sense, and everyday we know that you care about us.

    Recommends
There are newer employer reviews for National Futures Association

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