What are the responsibilities and job description for the Senior Cobol/Mainframe Developer position at Dtcc?
Job Description
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.
The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.
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 :
TradeSuite is an industry regulated application that provides a single electronic channel to coordinate all post-trade activity among trading parties. It Simplifies Communication between the parties, Reduces Settlement Risks as it facilitates early agreement on trade details, decreases the Potential for Errors, reduces costs for the client base and eliminates Settlement Complexities.
In the lifecycle of a trade, TradeSuite sits in the Post trade, Pre settlement space. Our external clients are Broker Dealers, Investment Managers and other parties that participate in settlement of Trades. The application processes our clients' trades, determines the eligibility of these trades to settle at DTCC, either in Trade for Trade, or a Netting model. Reports are generated for Clients, and eligible US trades are passed to DTCC for Settlement. Additionally, the application satisfies mandated Industry rules for reporting and provides Trade analytics and client information feeds to a number of applications within the Enterprise. Additionally,
Clients can submit transactions starting from Sunday 10am EST to the following Saturday 4pm. At which time the application goes down for Maintenance.
A modernization effort has started for the application that will move the mainframe applications to a new modernized platform, mitigating the critical key person risk, associated with maintaining and upgrading the Cobol code base.
Your Primary Responsibilities :
Qualifications :
Talents Needed for Success :
Functional Skills / Knowledge
Competencies
Business / Industry Knowledge
Communicates openly keeping everyone across the organization informed. 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
DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
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
Serves as a dedicated technology resource for advancing DTCC's business opportunities and providing industry thought leadership for leveraging new technology. The goal of this new department is to partner internally with IT, our business and regulatory divisions and externally with clients, regulators, and fintech vendors, to help build new platforms and business models to advance DTCC's mission to support the financial markets.
