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Mainframe Modernization Jobs in Chicago, IL (NOW HIRING)

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Mainframe Modernization information

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How much do mainframe modernization jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for mainframe modernization in Chicago, IL is $54.99, according to ZipRecruiter salary data. Most workers in this role earn between $48.56 and $62.40 per hour, depending on experience, location, and employer.

Is mainframe modernization still in demand?

Mainframe modernization remains in demand as organizations seek to update legacy systems for improved efficiency, security, and integration with modern technologies. Roles in this field often require skills in COBOL, cloud platforms, and modernization tools like APIs and microservices. The demand is driven by industries such as finance, healthcare, and government that rely on mainframe systems.

What are the key skills and qualifications needed to thrive in a mainframe modernization position?

To thrive in Mainframe Modernization, you need expertise in legacy mainframe systems, programming languages like COBOL, and modern software development methodologies, often backed by a degree in computer science or a related field. Knowledge of tools such as IBM z/OS, migration frameworks, cloud platforms (like AWS, Azure), and relevant certifications (e.g., AWS Certified Solutions Architect) is highly valuable. Strong analytical thinking, problem-solving ability, and effective communication skills help you succeed in cross-functional environments. These skills are crucial for executing system upgrades, ensuring minimal downtime, and facilitating smooth transitions to modern technology platforms.

What are the typical responsibilities and daily tasks in a mainframe modernization role?

In a Mainframe Modernization role, you can expect to analyze and document legacy mainframe applications, design modernization strategies, and implement solutions that migrate or integrate these systems with newer technologies. Your days may involve collaborating with business analysts, developers, and project managers to prioritize features and minimize business disruption, as well as troubleshooting integration issues. Many professionals also monitor system performance post-migration and help train end-users on the new platforms. This position often requires balancing hands-on technical work with effective communication across diverse teams to ensure project success.

What is mainframe modernization?

A Mainframe Modernization job involves updating, reengineering, or migrating legacy mainframe applications to modern platforms, technologies, or cloud environments. Professionals in this role assess existing mainframe systems, identify optimization opportunities, and implement strategies to enhance performance, scalability, and integration with modern IT architectures. They may use approaches like rehosting, refactoring, or replacing applications to reduce costs and improve agility. The job typically requires expertise in legacy systems (e.g., COBOL, DB2) and modern cloud or microservices architectures.

What are the most commonly searched types of Mainframe Modernization jobs in Chicago, IL?

The most popular types of Mainframe Modernization jobs in Chicago, IL are:

What are popular job titles related to Mainframe Modernization jobs in Chicago, IL?

For Mainframe Modernization jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Mainframe Modernization jobs in Chicago, IL look for?

The top searched job categories for Mainframe Modernization jobs in Chicago, IL are:

Infographic showing various Mainframe Modernization job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Contract. Highlights an 100% In-person job distribution, with an average salary of $114,373 per year, or $55 per hour.

Product Manager - Partnerships

Capital One

Chicago, IL • On-site

Full-time

Posted 5 days ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

91st of 171 rated banks


Job description

Product Manager - Partnerships
Manager, Product Management
Product Management at Capital One is a booming, vibrant craft that requires reimagining the status quo, finding value creation opportunities, and driving innovative and sustainable customer experiences through technology. We believe our portfolio of businesses and investments in growth and transformation will result in a company with the scale, brand, capabilities, talent, and values to succeed as the digital revolution transforms our society and our industry.
About the Team
Our Partnerships business works directly with external partners to offer valuable products to our customers via private label or co-branded credit cards that provide incremental benefits relative to a standard credit card. Within the Partnerships organization, our team is focused on supporting modernization efforts across our enterprise platforms, leading portfolio conversions, automating data mapping tasks, and ensuring the products we offer our partners and customers meet the highest possible standards.
We are in the early stages of our platform modernization efforts, and our team is at the forefront of helping to define the destination state of how our enterprise platforms will support the Partnerships business. These modernization efforts will play a crucial role in advancing Capital One's stature as a cutting edge Tech company, helping to move away from mainframes and onto modern, cloud-based solutions.
Our team is also working to define the destination state for key features like product setup, promotional financing, portfolio conversions, and data mapping, among others. These areas are ripe for automation and other enhancements to improve the products and processes.
Capital One Product Framework
In this role, you'll be expected to demonstrate proficiency in five key areas which we consider to be the foundation for successful Product Management:
  • Human Centered - Obsesses about internal and external customer needs to reimagine and innovate product solutions
  • Business Focused - Delivers game-changing outcomes by focusing on leverage and execution excellence
  • Technology Driven - Leverages technology to deliver innovative and resilient solutions that enable both near term and long term value
  • Integrated Problem Solving - Identifies and resolves complex problems to deliver outcomes while mitigating product risks
  • Transformational Leadership - Leads cross functional teams to solve customer problems and drive organizational alignment

Basic Qualifications:
  • Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:
    • A Bachelor's or Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems or a related quantitative field), Business or Marketing

OR
  • Bachelor's degree in any field and at least 3 years of Product Management experience

Preferred Qualifications:
  • Experience translating business strategy and analysis into consumer facing digital products

At this time, Capital One will not sponsor a new applicant for employment authorization for this position
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago, IL: $149,800 - $171,000 for Manager, Product Management
McLean, VA: $164,800 - $188,100 for Manager, Product Management
Richmond, VA: $149,800 - $171,000 for Manager, Product Management
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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