Servicing Solutions has hired Paul Marquez, an executive with more than 20 years’ experience in the automotive finance industry, as Vice President of Asset Recovery.

Prior to joining Servicing Solutions, Marquez served as Director of Remarketing and Client Relations at Auto Financial Group (AFG). In that role, he managed the lease termination processes of a national portfolio in both the United States and Canada, as well as the remarketing processes for clientele that included banks, credit unions, finance companies, skip tracing companies and loan servicing providers.

“I worked with Paul at the very beginning of career and since then, I have watched him progress into the accomplished leader he is today,” said Louis Ochoa, President and CEO, Servicing Solutions. “I am excited to welcome him to our leadership team. He is, without a doubt, one of the industry’s most respected rising stars.”

Marquez previously held senior positions with companies such as Countrywide Utility Billing Services, AUTOonline, and spent nine years at HSBC Automotive, one of the top five financial firms in the world.

“I have been impressed with the impressive team that Louis has built at Servicing Solutions, and I am thrilled to join them,” said Marquez. “The company’s commitment to customer service, emerging technologies, analytics and transparency truly sets it apart from other loan servicers, and I am eager to use my experience to bring value to our customers.”