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Cobol Banking Jobs (NOW HIRING)

Mercor

Cobol Developer

New York, NY · Remote

$80 - $100/hr

COBOL Code Reading / Writing Expert Type: Contract Compensation: $80-$100/hour Location: Remote ... Prior experience in banking, insurance, government, or enterprise legacy systems. Application ...

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

YO IT Consulting

COBOL Developer - Remote

$51.50 - $69.50/hr

YO IT Consulting is looking for experienced COBOL developers who can read, understand, debug, and ... in banking, insurance, government, or enterprise legacy systems is a plus. Company : Our Core ...

New

Mercor

COBOL Programmer - Fully Remote

New York, NY · Remote

$80 - $100/hr

COBOL Code Reading / Writing Expert Type: Contract Compensation: $80-$100/hour Location: Remote ... Prior experience in banking, insurance, government, or enterprise legacy systems. Application ...

Aptus Solutions Inc.

COBOL Engineers

Monterey Park, CA

$52.75 - $71.25/hr

Strong Cobol knowledge and working knowledge of Core Banking Systems *Strong SQL knowledge and working knowledge of relational database systems Other Experience: Exposure of AS400, Assembler ...

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

YO IT Consulting

COBOL Mainframe Developer - Remote

$51.50 - $69.50/hr

... banking, insurance, government, or enterprise legacy systems is a plus. • Has worked on real ... world COBOL systems, not just academic examples. • Can explain legacy code clearly to both ...

New

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All JobsCobol Banking Jobs

Cobol Banking information

See salary details

$10

$55

$73

How much do cobol banking jobs pay per hour?

As of Jun 14, 2026, the average hourly pay for cobol banking in the United States is $55.52, according to ZipRecruiter salary data. Most workers in this role earn between $48.32 and $65.38 per hour, depending on experience, location, and employer.

How much do COBOL programmers get paid?

COBOL programmers typically earn between $70,000 and $120,000 annually, depending on experience, location, and the complexity of the banking systems they maintain. Senior or specialized programmers with certifications and extensive skills in mainframe environments can earn higher salaries, especially in financial institutions that rely heavily on legacy systems.

Are COBOL jobs still in demand?

COBOL jobs remain in demand in the banking and financial sectors due to the continued reliance on legacy mainframe systems. Many organizations seek experienced COBOL programmers for maintenance, modernization projects, and system updates, often requiring knowledge of mainframe environments and related tools. However, the overall number of new COBOL positions is limited compared to other programming languages.

Does Goldman Sachs use COBOL?

Goldman Sachs, like many large financial institutions, historically used COBOL for core banking and mainframe systems. While some legacy systems may still run on COBOL, the company has been modernizing its technology infrastructure, so the extent of COBOL usage varies across departments and projects. For COBOL banking roles, knowledge of mainframe environments and legacy system maintenance is often required.

Is COBOL still used in banking?

Cobol Banking professionals work with legacy systems that still rely heavily on COBOL code, as many banks use COBOL for core transaction processing and mainframe operations. Despite the rise of modern programming languages, COBOL remains in demand for maintaining and updating existing banking systems, requiring knowledge of mainframe environments and batch processing. Job opportunities often involve system modernization projects and skills in related tools like JCL and DB2.

What are the key skills and qualifications needed to thrive as a COBOL Banking Developer, and why are they important?

To thrive as a COBOL Banking Developer, you need strong proficiency in COBOL programming, mainframe systems (such as IBM z/OS), and a solid understanding of banking operations, often supported by a degree in computer science or related fields. Familiarity with tools like JCL, CICS, DB2, and version control systems is typically required, along with any certifications in mainframe technologies. Attention to detail, problem-solving abilities, and effective communication are standout soft skills in this role. These competencies are vital for maintaining, enhancing, and troubleshooting critical banking applications that demand accuracy, reliability, and collaboration.

What is the difference between Cobol Banking vs Mainframe Developer?

AspectCobol BankingMainframe Developer
Required CredentialsTypically requires COBOL certification, banking domain knowledgeRequires mainframe programming skills, often COBOL, JCL, DB2
Work EnvironmentBanking institutions, financial servicesLarge enterprise IT, financial institutions, government agencies
Employer & Industry UsagePrimarily banking and financial sectorsVarious industries using mainframe systems, including finance, insurance
Search & Comparison IntentPeople comparing banking-specific roles with mainframe programmingIndividuals exploring mainframe programming roles in finance

While Cobol Banking focuses specifically on banking applications using COBOL, Mainframe Developer encompasses a broader range of mainframe programming tasks across multiple industries. Both roles require COBOL skills and work within large enterprise environments, but Cobol Banking is more specialized in financial services, whereas Mainframe Developer may work in various sectors utilizing mainframe technology.

What are COBOL banking jobs?

COBOL banking jobs involve using the COBOL programming language to maintain, update, and develop software used by banks and financial institutions. COBOL is widely used in banking for core systems that handle transactions, account management, and other essential operations. Professionals in these roles often work on mainframe computers, ensuring that legacy systems remain reliable, efficient, and compliant with regulatory requirements. COBOL banking jobs may include programming, debugging, testing, and migrating older systems to newer technologies. These positions are critical because many banks still rely heavily on COBOL-based applications.

What are some common challenges faced by COBOL developers working in the banking sector?

COBOL developers in banking often work with legacy mainframe systems that are critical for daily operations, which means even minor updates require careful planning and thorough testing. One common challenge is understanding and maintaining decades-old code with limited documentation, often written by developers who have since retired. Additionally, integrating COBOL applications with modern technologies, such as APIs or cloud platforms, can be complex and requires ongoing learning. Collaboration with business analysts and newer tech teams is frequent to ensure that updates meet regulatory and operational requirements.
More about Cobol Banking jobs
What cities are hiring for Cobol Banking jobs? Cities with the most Cobol Banking job openings:
What states have the most Cobol Banking jobs? States with the most job openings for Cobol Banking jobs include:
What job categories do people searching Cobol Banking jobs look for? The top searched job categories for Cobol Banking jobs are:
Cobol Banking jobs near you
Infographic showing various Cobol Banking job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 81% Full Time, 13% Part Time, 2% Temporary, and 2% Contract. Highlights an 78% Physical, 6% Hybrid, and 16% Remote job distribution, with an average salary of $115,475 per year, or $55.5 per hour.

Cobol Developer

Mercor

New York, NY • Remote

$80 - $100/hr

Full-time

Posted 5 days ago

Job description

About the job

Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark, General Catalyst, Peter Thiel, Adam D'Angelo, Larry Summers, and Jack Dorsey.

Position: COBOL Code Reading / Writing Expert
Type: Contract
Compensation: $80–$100/hour
Location: Remote

Role Responsibilities

  • Read and interpret COBOL programs, copybooks, JCL, and related mainframe code.
  • Write clean, correct COBOL code based on technical requirements.
  • Debug COBOL logic and identify issues in existing programs.
  • Explain code behavior, business logic, and data flow clearly.
  • Review AI-generated COBOL solutions for correctness, completeness, and style.
  • Provide high-quality feedback to improve AI model performance on legacy code tasks.

Qualifications

Must-Have

  • Strong hands-on experience with COBOL development.
  • Ability to read and write COBOL code independently.
  • Strong debugging and code review skills.
  • Clear written communication in English.

Preferred

  • Familiarity with mainframe environments such as IBM z/OS.
  • Experience with JCL, VSAM, DB2, CICS, or copybooks.
  • Prior experience in banking, insurance, government, or enterprise legacy systems.

Application Process (Takes 20–30 mins to complete)

  • Upload resume
  • AI interview based on your resume
  • Submit form

Resources & Support

  • For details about the interview process and platform information, please check: https://talent.docs.mercor.com/welcome
  • For any help or support, reach out to: support@mercor.com

PS: Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.