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As of Sep 11, 2026, the average hourly pay for overnight mainframe migration in the United States is $60.22, according to ZipRecruiter salary data. Most workers in this role earn between $59.38 and $68.99 per hour, depending on experience, location, and employer.

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Infographic showing various Overnight Mainframe Migration job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 21% Part Time, and 1% Contract. Highlights an 87% Physical, 1% Hybrid, and 12% Remote job distribution, with an average salary of $125,263 per year, or $60.2 per hour.

Custody Accounting Business Analyst

Chicago, IL • On-site

Other

Posted 10 days ago


Job description

Overview

The company is seeking an experiencedCustody Accounting Business Analyst to support a strategic transformation initiative involving the modernization of a legacy custody accounting platform.

This role is designed for a senior Business Analyst who understands how custody accounting platforms operate within IBM mainframe environments and can bridge the gap between business operations and technology teams.

The consultant will document current state processes, define future state capabilities, support modernization planning, and help ensure the successful migration toward Finbourne.

Responsibilities
  • Gather and document functional and technical business requirements.
  • Analyze existing custody accounting processes and workflows.
  • Document current state mainframe functionality and operational dependencies.
  • Define future state business processes supporting modernization.
  • Produce functional specifications and user stories.
  • Partner with architects, developers, and operations teams.
  • Support data mapping and reconciliation activities.
  • Facilitate workshops with business stakeholders.
  • Assist with system integration testing and user acceptance testing.
  • Support production implementation planning.
Required Qualifications
  • 10+ years as a Business Analyst within financial services.
  • Deep understanding of Custody Accounting.
  • Experience supporting IBM mainframe-based custody platforms.
  • Knowledge of batch processing and accounting cycles.
  • Strong understanding of securities processing and asset servicing.
  • Experience documenting complex operational workflows.
  • Strong communication and stakeholder management skills.
Preferred Qualifications
  • Securities Services experience.
  • Finbourne implementation exposure.
  • Mainframe modernization initiatives.
  • Agile delivery methodologies.
  • JIRA and Confluence.
Functional Expertise

Candidates should have experience across several of the following areas:

  • Custody Accounting
  • Trade Settlement
  • Corporate Actions
  • Income Processing
  • Cash and Position Reconciliation
  • Security Master
  • General Ledger
  • NAV Support
  • Multi-currency Accounting
  • End of Day and Overnight Batch Processing
  • Exception Management
  • Operational Controls
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