Jay Fulchino is a member of the Boston Fed’s Payments Advisory Council. He serves as the executive vice president and head of custody and shared services and global delivery at State Street.

Fulchino is the global head of multiple middle– and back–office services including asset service, global settlement, third party lending, and cash and transaction services. He is a member of State Street’s Operating Group, Third Party Risk and Compliance, and the ICI Securities Operations Advisory Committee.

Fulchino has more than 22 years of leadership experience in accounting, custodial, and operations in the financial services industry. Prior to his current role, Fulchino held several global leadership roles across State Street in other operational, service, and relationship management departments. Most recently, he was global chief operating officer and head of global client service for a strategic client relationship at State Street. Previously, he served as head of accounting for North America. Fulchino holds a bachelor’s in business management from Curry College.