Executive Director Mainframe Engineering

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:

The Executive Director of Mainframe Engineering will lead the strategic direction, modernization, and operational excellence of our mainframe platforms. This role is critical in ensuring the resilience, scalability, and security of our core financial systems while driving innovation and transformation initiatives across the enterprise.

Your Primary Responsibilities:

• Define and execute the long-term strategy for mainframe engineering aligned with enterprise technology goals and regulatory requirements.

• Lead initiatives to modernize legacy systems, including mainframe-to-cloud migration, hybrid integration, and adoption of DevOps and CI/CD practices.

• Be responsible for the performance, availability, and security of mainframe environments, ensuring compliance with SLAs and regulatory standards.

• Build, mentor, and lead a high-performing team of engineers, architects, and operations professionals across global locations.

• Partner with business units, cybersecurity, risk, and compliance teams to ensure mainframe systems support evolving business needs.

• Champion the adoption of automation, Infrastructure as Code (IaC), and emerging technologies to improve efficiency and reduce technical debt.

• Establish and maintain robust risk management frameworks for mainframe operations, ensuring alignment with enterprise risk policies and regulatory expectations.

• Collaborate with cybersecurity teams to implement and supervise controls for data protection, access management, and threat detection across mainframe environments.

• Lead incident response and root cause analysis for mainframe-related outages ensuring timely resolution and communication with collaborators.

• Design and maintain resilient architectures and recovery strategies including regular testing and documentation.

• Lead risk exposure from vendors and service providers supporting mainframe infrastructure, including contract compliance, SLAs, and risk assessments.

• Provide regular updates to senior leadership and risk committees on mainframe-related risks, mitigation strategies, and compliance status.

• Champions a risk management culture through implementation and demonstration of processes and procedures which identify and mitigate risk.

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

Qualifications:

• 15+ years of experience in IT, with at least 8 years in mainframe engineering leadership roles.

• Proven track record of leading large-scale infrastructure programs with multimillion-dollar budgets.

• Experience managing global teams across multiple time zones and cultures.

• Ability to influence C-level partners and translate technical strategy into business value.

• Demonstrated success in change management, organizational transformation, and talent development.

• Mastery of mainframe technologies including z/OS, COBOL, JCL, CICS, IMS, DB2, RACF, and MQ.

• Demonstrable experience in mainframe modernization, including integration with cloud platforms (AWS, Azure), re platforming, refactoring, and API enablement.

• Familiarity with cloud-native architectures and hybrid integration models.

• Strong understanding of enterprise security, encryption standards, and compliance frameworks.

• Knowledge of automation tools and scripting languages.

• Strong vendor management skills, including contract negotiation and performance oversight.

• Ability to assess risk, ensure business continuity, and align technology with enterprise risk management strategies.

• Experience in cost optimization, capacity planning, and ROI analysis for infrastructure investments.

• Bachelor's or Master's degree in Computer Science, Engineering, or related field.

• Executive education or MBA is a plus.

• Prior experience in Financial Services is preferred.

Talents Needed for Success:

• Sets a clear-sighted vision of the future to achieve the organization's desired market or business position; Describes how the vision for the organization's future can be realized through tangible actions.

• Drives a culture of motivation and commitment to the vision.

• Adapts presentation and communication style to fit the audience.

• Shapes the opinions of key decision-makers and senior leaders by presenting persuasive arguments and alternative approaches.

• Builds an organizational culture that embraces change as an opportunity rather than an obstacle; Empowers and supports individual efforts to align with change initiatives.

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.