Full-Time

Senior Mainframe Services Manager

Mainframe Services

Deadline 8/28/26
Ameriprise Financial

Ameriprise Financial

10,001+ employees

Financial planning advice and financial advisors

No salary listed

Hyderabad, Telangana, India

Hybrid

Hybrid work: at least three days in office per week; two days remote.

Bachelor's

Category
Engineering Management (1)
Required Skills
Ansible
DevOps

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Requirements
  • Deep understanding of Mainframe technologies z/OS, DB2/IMS, MQ Series, Broadcom Software, Mainframe Hardware – z16, DASD(DS8K) & Tape(TS7770) technologies.
  • Strong leadership skills and experience with large-scale infrastructure projects are essential to successfully guide the organization and improve overall business agility.
  • Bachelor’s degree in computer science, Engineering, MIS, or a related field, or equivalent work experience.
  • 15+ years of Experience in managing Mainframe Infrastructure (z16, DS8000, TS7770 hardware, SAN Fabric and Software (z/OS, DFSMS, GDPS, CA1, ACF2, DB2/IMS, MQ Series and various other ISV Software’s from IBM, BMC, Broadcom etc.)
  • Deep understanding of mainframe technologies with hands on experience – z/OS, Mainframe Storage Hardware & Software, Broadcom Products and IBM and other ISV Products
  • 10+ years of leadership experience, with a proven track record in delivering business and technical roadmaps by leading technical teams and executing initiatives. Experience in driving cost optimization initiatives and rationalization.
  • Manage software installations, upgrades, and patching – IBM and Broadcom and Other vendor software’s
Responsibilities
  • Lead the design, deployment, and lifecycle management of Mainframe Infrastructure installed in Colo datacenters.
  • Ensure Mainframe infrastructure solutions are optimized, secure, and aligned with business and technology strategies.
  • Champion innovation, automation & Ansible, AI enabled and DevOps practices to accelerate delivery and improve reliability.
  • Oversee Mainframe services delivery and collaborate with Internal and External stakeholders to manage platform
  • Manage initiatives to modernize legacy mainframe systems by working closely with application teams, improving operational efficiency, reducing costs, and enhancing business agility
  • Manage the performance of IT infrastructure services delivered by external vendors, ensuring SLAs are met and supporting business continuity.
  • Act as the point of escalation for critical issues from business partners, driving prompt and effective resolution.
  • Oversee governance of IT operations, ensuring outsourced services are aligned with enterprise goals and maintaining compliance with regulatory and business standards.
  • Lead a team of infrastructure engineers and professionals, fostering innovation, efficiency, and collaboration.
  • Partner closely with application and product teams, ensuring infrastructure capabilities effectively support evolving business requirements.
  • Guide the team in adopting best practices for infrastructure resilience and security while enabling digital transformation initiatives.
  • Drive cross-functional programs that enable cloud adoption, infrastructure optimization, and digital transformation.
Desired Qualifications
  • Technical and Strategic Vision: Experience delivering Mainframe Solutions with a commercial mindset. Skills on Mainframe Modernization assessment and cloud migration is a plus; Solid understanding of emerging I&O technologies and ITIL and agile methodologies.
  • Communication and Influence: Proven ability to articulate complex technical information effectively to both technical and non-technical audiences, across all organizational levels.
  • Financial Acumen: Experience in budget planning and cost optimization, including MIPS reductions and software rationalization.
  • Leadership in a Global Environment: Experience working within a geographically dispersed team environment, managing vendor relationships and driving continuous improvement.
  • Vendor and Partner Management: Strong vendor management and partner relations skills.
  • In-Office Collaboration: Description of in-office collaboration and expectations.

Ameriprise Financial provides financial planning and advisory services through its network of financial advisors. Its offerings include retirement planning, investment advice, and strategies to manage risk and cash flow, with emphasis on helping clients improve retirement readiness and make informed financial decisions. The company combines financial planning concepts with investment advisory services through Ameriprise Financial Services, Inc., and leverages a nationwide advisor network, independent planning insights, and FINRA/SIPC-registered compliance. Differences from competitors come from a personalized, advice-driven approach tied to retirement goals and a broad suite of planning resources, not just product sales, supported by educational content and planning tools. The goal is to help clients plan for their dreams today and tomorrow by delivering tailored guidance, planning strategies, and ongoing financial support through trusted financial advisors.

Company Size

10,001+

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

1894

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $4.90 billion, with EPS rising 22% to $11.07.
  • Ameriprise expects Huntington onboarding in late 2026 to offset Comerica departures.
  • AI-powered insights lifted adviser productivity and supported 12% higher per-adviser revenue.

What critics are saying

  • Fifth Third’s Comerica acquisition forces roughly $19 billion off Ameriprise by Q3 2026.
  • Raymond James and others are inflating recruiting packages, pressuring Ameriprise’s loan economics.
  • A sharp market selloff cuts fees on $1.8 trillion AUA and chokes buybacks.

What makes Ameriprise Financial unique

  • Ameriprise embeds $1 billion annual AI and workflow tools into advisor operations.
  • Its 10,000-advisor platform generated record $1.2 million revenue per advisor in Q2 2026.
  • Huntington Bank chose Ameriprise’s platform for 260 advisers and $28 billion assets.

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Benefits

Remote Work Options

Hybrid Work Options

Company News

The Mirror Democrat and Savanna Times-Journal
Aug 4th, 2026
IQExit appoints Former Schwab, Fidelity and Ameriprise Executive Glenn Flego to Board.

IQExit appoints Former Schwab, Fidelity and Ameriprise Executive Glenn Flego to Board. * 2 hrs ago Glenn Flego has spent his career helping financial institutions anticipate change and build innovative capabilities that have shaped how financial advisors serve clients. His work has spanned some of the industry's most influential firms. He joined the original team that developed Charles Schwab's RIA custodial platform, now Schwab Institutional, helped establish Fidelity's RIA brokerage and custody offering, and helped relaunch Raymond James' RIA business. Most recently, he led more than 200 offices for Ameriprise Financial. Today, he advises financial institutions and fintech companies on growth strategy, advisor platforms, and emerging technologies. Dustin Hoffman and Maggie Gyllenhaal honoured at Karlovy Vary Film Festival opening ceremony Glenn Flego, New IQExit Independent Board Member and Former Schwab, Fidelity and Ameriprise Executive "Glenn's experience aligns remarkably well with what we're building at IQExit," said Tully Ryan, CEO and co-founder of IQExit. "IQExit gives trusted advisors earlier visibility into owner-declared exit intent, enabling them to engage business owners before critical transition decisions are made. Throughout his career, Glenn has helped financial institutions bring innovative capabilities to market and improve how advisors serve clients. His decision to join its Board validates its vision for Exit Readiness Intelligence(TM) and will help guide IQExit through its next stage of growth." Flego said he was drawn to IQExit's leadership, vision and focus on solving a longstanding industry challenge. "Wealth management today is about understanding clients' goals and helping them achieve successful outcomes," Flego said. "For many business owners, the company they've spent decades building represents their largest asset. Yet the majority of those businesses never experience a successful transition or sale. They simply close. After spending decades in wealth management, I was genuinely surprised when I first read McKinsey's recent research on business-owner succession. It reinforced something many advisors instinctively know: these conversations often begin too late. If financial professionals have the right intelligence, they can identify opportunities earlier and bring better insights into the process. They can assemble the right team of advisors and help clients prepare long before a transition becomes urgent. Ultimately, IQExit gives advisors something they rarely have enough of: time. By identifying opportunities earlier, advisors have more time to help business owners prepare for one of the most significant financial and personal events of their lives. That leads to better outcomes for business owners, their families, and the legacy they've spent a lifetime building." About IQExit IQExit is a data intelligence company. Its Exit Readiness Intelligence(TM) platform captures owner-declared exit intent before anybody else sees it. Introduced exclusively through trusted advisors, including bankers, wealth managers, CPAs and attorneys, IQExit serves as the intelligence layer upstream of the transaction process, enabling advisors to engage business owners earlier and better prepare them for successful transitions. Media gallery

Yahoo Finance
Aug 1st, 2026
Ameriprise Financial beats Q2 revenue and earnings estimates despite operating margin decline

Ameriprise Financial's second-quarter earnings call highlighted strong asset growth and adviser productivity driven by technology investments and a diversified business model. The firm reported revenue of $4.90 billion, beating analyst estimates of $4.81 billion, and adjusted earnings per share of $11.07, surpassing expectations of $10.81. Key topics from analyst questions included the timeline for $19 billion in client assets exiting by the end of the third quarter related to Comerica, which management said would be offset by Huntington Bank's onboarding. Analysts also pressed on the sustainability of current margin levels and stock buybacks. Management emphasised ongoing free cash flow generation and excess capital, whilst highlighting that AI adoption is expected to drive further productivity gains as more advisers utilize new tools. The operating margin was 31.4%, down from 37.6% in the same quarter last year.

Yahoo Finance
Jul 31st, 2026
Ameriprise CEO sells $28.9M in shares after exercising stock options at $165.41

James M. Cracchiolo, chairman and CEO of Ameriprise Financial, sold 52,932 shares at $545.69 per share on 28 July 2026, according to an SEC Form 4 filing. The transaction was valued at $28.9 million. The sale resulted from exercising stock options at a strike price of $165.41. To cover tax liabilities, Cracchiolo had 34,912 shares withheld by the company, whilst the remaining 18,020 shares were sold on the open market. Following the transaction, Cracchiolo holds 107,633 shares directly and 1,738 shares indirectly through Ameriprise's 401(k) plan. The company has a market capitalisation of $48.6 billion, with trailing twelve-month revenue of $18.9 billion and net income of $3.9 billion.

Yahoo Finance
Jul 30th, 2026
Ameriprise Financial reports $1.1B Q2 net income and maintains $1.70 dividend

Ameriprise Financial reported second-quarter 2026 revenue of $5.01 billion and net income of $1.11 billion, with higher earnings per share year-over-year. The company declared a quarterly dividend of $1.70 per share, continuing its pattern of returning cash to shareholders despite a modest sales decline. The results support Ameriprise's wealth management model, driven by adviser productivity and platform investments. The dividend follows an April 2026 increase and, combined with ongoing buybacks, reinforces capital returns as an earnings driver. Analysts project the company will reach $22.7 billion in revenue and $4.8 billion in earnings by 2029, requiring 4.6% annual revenue growth. Key risks include market volatility affecting client assets and concentrated exposure to market-driven fee revenue.

Yahoo Finance
Jul 27th, 2026
Ameriprise Q2 sales up 13% to $4.90B, adviser productivity hits record $1.2M per head

Ameriprise Financial reported second quarter results that beat analyst expectations, with revenue rising 13% year on year to $4.90 billion and adjusted earnings per share of $11.07. The financial services company saw adviser productivity increase 12% year on year to $1.2 million per adviser, driven by automation tools and AI-powered client insights. Assets under management and administration grew, whilst bank assets exceeded $25 billion and lending jumped 61% year on year. CEO Jim Cracchiolo attributed the performance to high client engagement and a diversified business model. The company maintained a pretax adjusted operating margin of 27% despite higher compensation and technology investments. Ameriprise expects momentum to continue through technology investments, adviser recruitment, and the planned addition of Huntington Bank advisers later this year.