Hello Travi,
Some answers to your questions first.
You can decrease the current value of the GLOBALMAX parameter without having to physically resize the SYSCHK1 DIV dataset. To do it you need to specify the new lower vale in your OPSSPAxx parameter file and then restart OPSMAIN.
To rename the DIV file you need first bring down OPSMAIN then use IDCAMS ALTER to give it a new name. Make sure the OPSSPAxx parameter file contains the new name then simply restart OPSMAIN and confirm the task starts successfully.
To reduce the size of the SYSCHK1 DIV dataset you need to physically recreate it.
Now, look at your current GLOBALBLOCKSUSED and GLOBALFREE values. The sum of them should be already calculated in the GLOBALALLOC parameter. With this info you should be in a better position to choose a GLOBALMAX value. Consider that GLOBALFREE is not the number of free blocks in the entire SYSCHK1 DIV dataset. Is just the number of blocks that have been freed, but not reused yet by the task.
Travi, hopes this helps and let us know if anything else concerns.
Regards, Cesar