Lead Mainframe Engineer (Cobol)

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
  
  

The Impact you will have in this role:

Being a member of IT CSS-WRAFT Delivery team, you will be responsible in planning, documenting technical requirements, designing, developing, and testing all software systems and applications for the firm. Work closely with architects, product managers, project management, and end-users in the development and improvement of existing software systems and applications, proposing and recommending solutions that tackle sophisticated business problems. Software Developers work closely with business partners and / or external clients in defining requirements and implementing solutions. May include research, new development, prototyping, modification, reuse, re-engineering, maintenance, or any other activities related to software products used internally or externally on product platforms supported by the firm. The software development process requires in-depth domain expertise in existing and emerging development methodologies, tools, and programming languages.

Your Primary Responsibilities:

• Act as a technical expert on one or more applications used by DTCC
• Work with the Business System Analyst to ensure designs satisfy functional requirements
• Partner with Infrastructure to identify and deploy optimal hosting environments
• Tune application performance to eliminate and reduce issues
• Research and evaluate technical solutions consistent with DTCC technology standards
• Apply different software development methodologies dependent on project needs
• Contribute expertise to the design of components or individual programs, and participate in the construction and functional testing
• Support development teams, testing, troubleshooting, and production support
• Create applications and construct unit test cases that ensure compliance with functional and non-functional requirements
• Work with peers to mature ways of working, continuous integration, and continuous delivery
• Aligns risk and control processes into day to day responsibilities to supervise and mitigate risk; calls out concerns appropriately
  
  

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

• Minimum of 6 years of related experience
• Bachelor's degree preferred and/or equivalent experience
  
  

Talents Needed for Success:

• Develop and maintain COBOL programs for batch and online processing in CICS regions.
• Design and optimize DB2 SQL queries, stored procedures, and ensure compliance with DB2 standards and performance tuning guidelines.
• Implement IBM MQ messaging solutions for inter-system communication, ensuring secure and reliable message delivery.
• Perform JCL scripting for job scheduling and execution; troubleshoot abends and optimize batch performance.
• Ensure alignment to SDLC and release management processes, including change package creation and migration to production environments.
• Collaborate in Agile squads, provide estimates, participate in sprint planning, and deliver incremental value.
• Support production environments, including incident triage, root cause analysis, and resolution
• Familiarity in using an enterprise job scheduler
• Strong curiosity about using AI tools to improve efficiency and deliver high-quality software applications faster
• Fosters a culture where integrity and clarity are expected.
• Knows the latest on changes their own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
• Invests effort to individually mentor others.
• Builds collaborative teams across the organization.
• Communicates openly keeping everyone across the organization advised.
  
  

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About Us

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC's subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC's Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at or connect with us on LinkedIn , X , YouTube , Facebook and Instagram .

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

Learn more about Clearance and Settlement by clicking here .

About The Team

To maintain strong alignment between IT and the business, we are bringing together all Solutions-focused teams under a unified technology organization, IT Solutions. The newly-formed IT Solutions department combines Application Development and Enterprise Application Support functions, allowing us to leverage synergies to support the Solutions business lines.