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BNP hires for CDO origination

BNP Paribas has hired its second senior securitization banker in a month as it looks to bolster the origination and structuring capabilities of its U.S. division.

Kevin Stocklin, who was formerly director of CDO origination at Dresdner Kleinwort joins BNP as managing director and head of U.S. CDO origination and structuring responsible for cash transactions.

The new hire, who is be based in New York, reports to Sean Reddington, head of the firm's securitization group.

The hiring comes four weeks after Mary Dierdorff joined BNP from West LB as director and U.S. securitization portfolio manager. At West LB, she was a director of asset securitization.

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