BNP Paribas Corporate and Investment Banking appointed Sebastien Cottrell to the firm's U.S. structured credit trading team.
The new hire, who will be based in New York, will report to Olivier Renart, head of U.S. structured credit, and Romain Blanchard, who is based in London and leading the firm's global efforts to expand and integrate its structured credit market making platform.
Cotrell joins from Blue Mountain Capital Management where he was a structured credit trading portfolio manager. He was also a trader in structured credit at Merrill Lynch and Bank of America.
"Sebastien is a great addition to the structured credit team," Renart said on the new hire. "His trading experience, especially in CDX, is a nice complement to our existing client offering and will further enhance our presence in the US."