RBC Wealth Management has long enjoyed a reputation for excellence in the provision of wealth management services, particularly in the Caribbean.
Since its inception in 1972, the team in Cayman has grown to more than 115 professionals, offering a range of services including banking and credit, services to captive insurance companies, fund administration, investment and a full range of fiduciary services.
In both 2011 and 2012, RBC Wealth Management was recognized by the Cayman Islands Society for Human Resources Professionals as a “Top Employer” in the large company category. These awards highlight our understanding that the employee’s experience is fundamental to our ability to provide clients with best-in-class solutions.
The calibre of our people and the high standard of service they provide have also been recognized and endorsed internationally through multiple awards, including acknowledgment as providing the best private banking services in Cayman Islands, as well as in the Caribbean as a whole, by the leading banking publication, Euromoney magazine.
We believe that our people are our most important asset and are committed to the development of our workforce. There are a number of initiatives in place to support this, including funding professional qualifications, skills training, as well as technical training and coaching. A key investment for 2012 has been a global talent management system to support performance and talent management within the organization.
We continue our efforts to develop talent locally to establish careers in the financial industry in Cayman. In 2012 we entered into a new partnership with the International College of the Cayman Islands to offer a scholarship to study accounting.
The programme was designed for an ambitious Caymanian student who needed to work while going to school. The full scholarship includes tuition, textbooks and related expenses, as well as a job placement at RBC Wealth Management while studying at ICCI.
We are also proud to take part in a number of community-based initiatives which allow us to give something back to the community in which we live and work. For instance, we recently partnered with Maple House for Christmas where staff donated and decorated a tree, collected money towards gifts for all staff and residents and made a full Christmas dinner.
Running a successful and responsible business goes beyond simply hiring and developing talented people. It requires an ethos of delivering high service standards, thorough accountability, and an on-going commitment to the communities in which we operate.
We are proud of the contribution our business and employees have made to the local economy and community, and look forward to growing our business further in the Cayman Islands.