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Cobol Mainframe Developer Jobs in Toronto, ON (NOW HIRING)

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Cobol Mainframe Developer information

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$42

$64

How much do cobol mainframe developer jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for cobol mainframe developer in Toronto, ON is $42.71, according to ZipRecruiter salary data. Most workers in this role earn between $34.41 and $49.78 per hour, depending on experience, location, and employer.

What does a COBOL mainframe developer do?

As a COBOL mainframe developer, your primary responsibilities include designing new computer programs using the COBOL programming language. Your duties are to design, develop, and configure code for new programs, test these programs to make sure they function on the intended operating system, and implement adjustments needed. Once that process is complete, you launch the program for public or private use and provide support and upgrades to the user. You should have extensive knowledge and experience working with software development, and if you are working in IT for a company, you should be able to troubleshoot their current mainframe. Teaching others about what you have developed and making sure they understand how to use it are also your responsibility.

What does a COBOL mainframe developer do?

A COBOL Mainframe Developer is responsible for designing, developing, testing, and maintaining applications that run on mainframe computers using the COBOL programming language. These developers often work with legacy systems in industries like banking, insurance, and government, ensuring that critical business processes continue to function smoothly. Their tasks may include writing new code, updating existing programs, debugging, and integrating mainframe applications with modern technologies. COBOL Mainframe Developers also collaborate with business analysts and other IT professionals to meet organizational needs and regulatory requirements.

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

To thrive as a COBOL Mainframe Developer, you need strong proficiency in COBOL programming, mainframe systems (such as IBM z/OS), and a background in computer science or a related field. Familiarity with tools like JCL, DB2, CICS, and source control systems, along with relevant certifications, is highly beneficial. Attention to detail, problem-solving abilities, and effective communication are crucial soft skills for diagnosing issues and collaborating with cross-functional teams. These competencies ensure reliability, accuracy, and efficiency in maintaining and modernizing critical legacy systems.

What are some typical challenges faced by COBOL mainframe developers when maintaining legacy systems?

Cobol Mainframe Developers often encounter challenges with outdated documentation, making it difficult to understand and modify legacy code. Integrating new technologies or adapting legacy systems to modern infrastructure can also be complex, requiring careful planning and testing. Additionally, communicating with business users to gather requirements and ensure system changes meet current needs is essential, as is collaborating with other IT professionals to manage dependencies and minimize downtime. Staying proactive about learning modernization tools and approaches can help address these challenges.
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Infographic showing various Cobol Mainframe Developer job openings in Toronto, ON as of August 2026, with employment types broken down into 79% Full Time, 3% Part Time, and 18% Contract. Highlights an 81% Physical, 4% Hybrid, and 15% Remote job distribution, with an average salary of $88,830 per year, or $42.7 per hour.

Lead Software Engineer, Finance System

Element Fleet Management

Toronto, ON • On-site

CA$111K - CA$152K/yr

Full-time

Medical, PTO

Re-posted 14 days ago


Job description

Get started on an exciting career at Element!

Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business - delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team.

About the Role

The Lead Software Engineer is responsible for designing, developing, and maintaining scalable, high-quality software solutions that support enterprise financial systems and digital transformation initiatives. This role requires strong hands-on technical expertise across modern and legacy platforms, contributing to system integrations, application development, and continuous improvement of enterprise solutions. The role also includes defining technical direction, promoting engineering best practices, and ensuring delivery excellence across complex enterprise initiatives.

What You'll Do

  • Design, develop, test, and maintain software applications across enterprise platforms, ensuring scalability, performance, and reliability.

  • Define and oversee architectural design, technical roadmaps, and best practices for coding, testing, and documentation aligned with enterprise standards.

  • Provide technical leadership and mentor engineering teams while collaborating with architects, engineers, and business stakeholders to translate functional requirements into scalable technical solutions.

  • Lead the development and integration of APIs, services, and data pipelines across distributed systems and enterprise applications.

  • Contribute to system design, including microservices, event-driven architectures, and integration patterns.

  • Participate in code reviews, unit testing, and implementation of best practices for coding, testing, and documentation.

  • Support development of technical specifications, design documents, and system diagrams.

  • Work on integration with ERP, financial systems, payment platforms, and third-party services.

  • Lead production support efforts by driving issue resolution, conducting root cause analysis, and implementing long-term corrective and preventive solutions.

  • Spearhead system upgrades, platform enhancements, and modernization initiatives, including cloud adoption strategies, legacy system transformation, and technology optimization efforts.

Basic Qualifications

  • 8+ years of hands-on experience in software development, system design, and application integration.

  • Bachelor's degree in Computer Science, Software Engineering, or related technical field or equivalent experience.

  • Strong hands-on experience in object-oriented programming and distributed system development, API development and system integration, microservices and event-driven architectures, and modern programming languages such as Java, C#, Python, or JavaScript/TypeScript.

  • Hands-on experience working with cloud platforms, CI/CD pipelines, and DevOps practices.

  • Experience integrating with legacy systems, including mainframe-based applications such as COBOL, CICS, DB2, MQ, and exposing them via APIs or service layers.

  • Experience working with enterprise financial systems, payment platforms, or high-volume transaction systems.

Preferred Qualifications

  • Experience with ERP or financial platforms, such as SAP FICO, FICA, or similar.

  • Experience supporting payment processing systems, including transaction flows across authorization, capture, and settlement.

  • Exposure to cloud migration or modernization initiatives.

  • Experience working in both product development and enterprise IT environments.

LocationToronto, ON

The hiring base salary range for this position is $111,100 to $152,800 annually. Actual compensation within this range will be dependent upon the individual's knowledge, skills, experience, equity with other team members, and alignment with market data. Please note that the disclosed salary range is solely for candidates hired to perform work within this geographic location. Candidates hired to work in other locations will be subject to the pay range associated with that location.

What's in it for You
A culture of innovation, empowerment, decision-making, and accountability
Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness (for qualified roles)
Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays) (for qualified roles)

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity, equity, inclusion, and belonging. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, genetic information, sex, gender identity, sexual orientation, age, marital status, family status, ancestry, national origin, citizenship, physical or mental disability, veteran status, military obligations or any other characteristic protected by federal, state and local laws. Disability-related accommodations during the application and interview process are available upon request.Should you require an accommodation with our hiring process please send an email to talentacquisition@elementcorp.com or call (800) 665-9744. Element Fleet Management also uses AI-assisted tools to help screen and assess applications. These tools analyze information you provide (for example, your resume and screening responses) to identify job-related skills, qualifications, and experience. AI outputs do not by themselves determine whether you advance or receive an offer - they assist recruiters and hiring managers. Final hiring decisions are made by people.