Explore your opportunities in the Cayman Islands - kpmg.ky
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Explore your opportunities in the Cayman Islands kpmg.ky
Contents Relaxed, Lifestyle friendly, safe Fast-track career growth opportunities 2 | Opportunities in the Cayman Islands
Our culture Our values Committed to our FAQs communities
Why come to the Cayman Islands? 1 | Opportunities in the Cayman Islands
Relaxed, friendly, safe. There are a number of
reasons for moving to the Cayman Islands, whether
it’s to further your career, experience a different
culture, enjoy the laid back lifestyle, or take
advantage of the rewards KPMG in the Cayman
Islands has to offer.
The Cayman Islands are located in the western
part of the Caribbean and are a British Overseas
Territory. Made up of three islands, Grand Fast facts
Cayman, Cayman Brac and Little Cayman, these
Composition
islands offer diverse cultural experiences. The
Grand Cayman, Cayman Brac, Little
temperature is fairly consistent, usually reflecting
Cayman
a high of 90 degrees Fahrenheit throughout
the year. With a constant breeze and brilliant Location
sunshine, these islands are paradise. Western Caribbean, about 150 miles south
of Cuba, 480 miles southwest of Miami,
Grand Cayman is the largest of the three islands
180 miles northwest of Jamaica
and is home to the world famous white sands
of Seven Mile Beach. The island boasts some of Capital
the best dive sites in the world with incredible George Town, in southwest Grand Cayman
underwater visibility and virtually no currents.
There are shore dives from numerous locations
Size
Grand Cayman: length - 22 miles, average
and boat dives going daily to the north wall,
width 4 miles; Cayman Brac: length - 12
where the sea floor drops over 6,000 ft. These
miles, average width 1.5 miles; Little
attractions, along with the islands’ affluent
Cayman: length - 10 miles, average width
culture and friendly and safe environment leads
just over 1 mile
to a thriving tourism industry.
Population
The Cayman Islands are not just a tourist hot
Estimated 64,420 (mid-year 2018)
spot, but one of the world’s largest financial
centres, home to the majority of the world’s Main Industries
hedge funds and the second largest domicile for Financial Services, Tourism
captive insurance.
Political Status
The Cayman Islands offer numerous Overseas Territory of the United Kingdom
opportunities to help you reward yourself by (i.e. British dependency)
enhancing your career and enriching your life.
Public Holidays
11 public holidays per year
Opportunities
Opportunitiesininthe
theCayman
CaymanIslands
Islands| 2| 2
Your life
Lifestyle
The lifestyle offered
in the Cayman
Islands is relaxed,
friendly and safe,
providing one of
the Caribbean’s
highest standards of
living and one of the
lowest crime rates.
Grand Cayman
hosts the majority
of the population The island is ideal for sports enthusiasts, offering a
and residents are multitude of both team and individual sports reflecting
the many cultural influences on the island. Theatres,
surrounded by concert halls, restaurants and galleries provide local and
beauty, friendly international entertainment for everyone to enjoy.
outgoing people and Cayman is also a central point for traveling. Direct flights
to Jamaica, Cuba, Central America, Canada, United
an abundance of States and United Kingdom are available. Flights depart
activities. daily to many of these destinations giving you the
opportunity to explore other regions of the world.
Things you can do…
• Dive or Snorkel - experience some of the worlds’
most beautiful reefs
• Sports - rugby, soccer, softball, tennis, squash, cricket,
golf, yoga and dance
• Gyms - over six gyms offering free weights, training,
cardio equipment and classes
• Fishing, Boating and Sailing
• Theatres and Galleries - experience local art,
photography, music and acting
• Restaurant and Bars - offering cuisine from all corners
of the world
• Concerts - local and international entertainment
3 | Opportunities in the Cayman Islands
Fast facts
Ocean Sporting associations
Water temperature ranges between 78-82 Over 30 sporting associations and clubs
degrees Fahrenheit or 25-28 degrees Celsius on the island
in the winter months and 82-86 Fahrenheit or
28-30 Celsius in the summer months Annual races
Over 11 annual races every year including
Commuting marathons, triathlons and community
10 - 30 minute maximum commute events
Weather Restaurants and bars
Averages of 88 degrees Fahrenheit or 31.1 Over 120 restaurants, bars and nightclubs
Celsius year round
Opportunities in the Cayman Islands | 4
Your career Grand Cayman is the main hub of the
Financial Services Industry encompassing
banking, structured finance, hedge funds,
captive insurance, vessel registration,
company management and trusts. The
Cayman Islands are a tax-free jurisdiction
which means there is no income, inheritance,
sales, corporation, capital gains or
withholding taxes. The islands are currently
the number one jurisdiction for Hedge Funds,
in terms of funds formed and net assets held
by these funds.
Along with the growing hedge funds
Fast facts industry, the Cayman Islands also provides a
continually evolving captive insurance and a
KPMG in the Cayman Islands developing reinsurance market. The Islands
Largest big four organization on are the leading domicile for health care
the island captive insurance companies.
Number of partners Structured finance has become an
18 established part of the investment universe
and Cayman is a leading jurisdiction of
Number of staff
choice in this area. You can gain exposure to
Over 330 employees
a diversified spectrum of global structured
Services finance transactions.
Audit, Tax, Advisory
The Cayman Islands Stock Exchange (CSX)
Asset Management was established in 1997 and has gained
Cayman is one of the leading international recognition. The CSX has
hedge funds jurisdictions with an become a key player in the listing of hedge
estimated 80 percent domiciled in funds, mutual funds, specialist debt securities
the Cayman Islands and other specialty products.
Insurance KPMG in the Cayman Islands has positions
The second largest offshore centre available from Senior Accountant to Senior
for captive insurance Manager across our range of services. We are
committed to the recruitment, development
Banking and retention of talented staff which can be
Major banking centre including
demonstrated by the fact that we were the
over 40 of the world’s top 50 banks
first organization in the Caribbean to receive
the Investor in People Award.
5 | Opportunities in the Cayman Islands
Fast-track career growth opportunities
KPMG in the Cayman Islands can help provide you with in-depth industry training
and exciting career progression in the world’s fifth largest financial centre. We
encourage creativity and welcome new talent which can be tested through
challenging and exciting work.
Jason Robinson
Nationality: Canadian
Title: Senior Manager, Advisory
Sun, sand, sea, and financial services – what When asked how do I find life in Cayman? My
more could you ask for as an accountant? I am response is “Where do I start?” I love living
fortunate enough to live across from one of the in a place where the sun is constantly shining
most beautiful beaches in the world, Seven Mile and the people are very friendly. There is a
Beach, and have a quick 10 minute commute to well-known expression here, “Cayman kind,”
work. Cayman has an average temperature of 28 which perfectly depicts the disposition of the
degrees Celsius / 82 degrees Fahrenheit, and the local culture - it isn’t a choice, it’s a way of life.
year-round warm weather is a welcomed escape The Cayman Islands is also one of the safest
from the cold, Canadian winters I was used to. places in the Caribbean and we have access
As an international financial hub, Cayman attracts to an abundance of top-notch restaurants
individuals from around the world, so although and great food experiences. I enjoy the active
we live on a small island, we work in the global lifestyle of the island, which offers almost
marketplace. I am proud to work for the largest any sport you can think of - even ones I hadn’t
accounting firm on island, as I work alongside heard of before I arrived. With weekends filled
some of the industries’ best and brightest with beaches, barbecues, and boat days how
people. Plus, we have a great reputation and a can one go wrong? Life in Cayman is grand,
strong sense of community involvement. and I look forward to many years of island
living.
In October 2012, I moved to Cayman on a two-
year contract, but have enjoyed the experience so
much that my wife and I have decided to stay. I
joined the firm as a supervisor in audit, and three
and a half years later I am now a senior manager
with the advisory team. KPMG in the Cayman
Islands has not only supported my transition from
audit to advisory, but also invested in my career
development.
Opportunities in the Cayman Islands | 6
Working & living in a first world paradise
Yuri Wil iams
Nationality: Jamaican and Canadian
Title: Partner, Audit - Enterprise
Upon graduation from university in 2002, I work environment. We service a
began working with KPMG Toronto and worked diverse, globally focused client base,
6 years in the Consumer and Industrial Markets which provides us with technical and
department, serving KPMG Global’s clients in the interesting learning experiences. This
Automotive, Food and Retail industries. is one of the greatest advantages of
working in Cayman, there are many
In 2008, I returned to my Caribbean roots, by
opportunities to learn and progress.
completing a two-year secondment at KPMG
Barbados through KPMG’s Global Mobility 2. Working with people you genuinely like
program. During my secondment, I worked on a and respect makes the work day seem
Caribbean Central Audit team for a large Global shorter. Our people comprise of many
client in the Telecommunications industry, led different nationalities and cultures,
by John Ferrari, Senior Partner at KPMG in the providing a work environment that is
Cayman Islands. interesting, rich and fulfilling.
When I returned to KPMG Toronto, the firm was 3. Cayman is a great place to live and raise
transitioning from Canadian GAAP to IFRS for a family. It has excellent infrastructure,
Canadian publicly listed entities. I gained valuable it is easy to run errands, pickup kids, and
experience dealing with complex, technical go home if necessary, as most things are
accounting issues, including the adoption of in close proximity. There are a multitude
IFRS. Three years later, John contacted me about of sports and leisure activities. There
an audit director opportunity at KPMG. Moving to is easy access to beautiful beaches,
another member firm at a senior level was a big along with community/family events
decision, but after visiting Cayman and meeting to keep everyone entertained. Working
the people it became an easy decision. hours might be long sometimes, but the
commutes to work is short, allowing
Within the five years, I have worked in two
flexibility for personal life.
audit departments and now lead the KPMG
Enterprise practice that focuses on small and Cayman is now home and I could not imagine
medium enterprises, government entities, being anywhere else. As a qualified CPA, I am
family businesses, and emerging fast growing happy that I took advantage of the mobility
companies in Cayman. When people ask me opportunities and have continued to develop
about Cayman, three main things come to mind: as a professional within KPMG.
1. Island “living” does not always mean
slow and laid back. Do not be misguided
from a professional perspective. Cayman
is a fast paced, engaging and challenging
7 | Opportunities in the Cayman IslandsOpportunities
Opportunitiesininthe
theCayman
CaymanIslands
Islands| 8| 8Being passionate about our clients
Luke Murray
Nationality: British
Title: Partner, Asset Management and Head of People, Performance & Culture
I joined KPMG in the Cayman Islands in 2011 Close to my heart are the countless brilliant
after working for KPMG UK. At the UK firm I had people we have here in KPMG Cayman: they
an excellent grounding in audit, working with are from a diverse range of countries, bringing
some of our largest clients whilst completing my lots of different experiences. Being on a small
exams. A point then came in my career where I island and away from home you quickly find
wanted a new challenge. the people you join the firm with become
lifelong friends and your island family. You
Cue the KPMG in the Cayman Islands
learn so much from those around you.
recruitment team turning up at our offices with
images of the stunning Seven Mile Beach. It was KPMG in the Cayman Islands also maintains
a complete contrast with the fact that it was a an entrepreneurial feel: I have always felt
drab, cold February day in the UK. Being from that I can implement change and I have been
one of the furthest places from the sea in the UK, engaged in projects directly influencing the
it instantly got my attention and within a short direction of the firm’s future.
month I had applied and had been accepted to
I am involved in many of our interviews
join the next January.
and a question often asked is how I would
Whilst it was pictures of an idyllic lifestyle that summarize my experience with KPMG in the
got me through the door, it has been the people Cayman Islands so far. I have always been
and the work that has kept me here. open and honest in saying that I have never
worked as hard in my life as I have here, but I
KPMG in the Cayman Islands is a critical hub of
have also never before had as much flexibility
KPMG’s asset management audit group: we
to spend time with my family when it matters.
work with other KPMG offices across the globe
That every day I come to work knowing my
to service some of the world’s largest hedge
day will be interesting, that I work with the
funds. I have been fortunate to lead our Brazil
best people and the best clients, and that I
team and travel to Rio and Sao Paulo every year.
genuinely love my job and the life that it has
A real perk of my job is getting to sit looking
allowed me to build in the Cayman Islands.
out over Ipanema beach drinking a few (too
many) caipirinhas – it is an experience I could
never have dreamt up when I was starting out
in my career, performing stock takes in a cold
warehouse on New Year’s Eve!
9|9 | Opportunities
Opportunities in the
in the Cayman
Cayman Islands
IslandsOpportunities
Opportunitiesininthe
theCayman
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| 10Achieving work-life balance
Cathy Houts
Nationality: American
Title: Director, U.S. Tax
Fresh out of college, my career at KPMG started been involved with include: learning and
in the audit practice in the United States. I development, technical best practices and
was immediately drawn to KPMG’s mobility processes, recruiting and marketing/business
opportunities, and although I was not sure when development. I am constantly learning from
or where, I knew an international rotation was everyone in this diverse working environment
calling my name! and it is a privilege being surrounded by
some of the brightest people I have ever met.
It was just two years later that I had a contract
Whether it be within the community or within
signed and was packing my bags (and more
my team, I feel each day that I am challenged
bags, as a chronic over packer) to move to the
and fulfilled.
Cayman Islands where I accepted an audit senior
role with KPMG in the Cayman Islands. Auditor Cayman has turned from a temporary “island”
by weekday, beach and scuba enthusiast by experience to a place I call home. Since I have
the weekend – what could be better? The week moved to Cayman, I have gotten married
before I was set to leave, I vividly remember and just over a year ago my husband and
scraping ice off my car windshield and making I welcomed our first island baby! Being a
an internal vow to never again scrape another new mom I was unsure how I would settle
iced windshield. With an average degree of 28 back into work and my role, but KPMG in
degrees in Cayman, I have made good on that the Cayman Islands has allowed me to be
promise! successful both with my family and at work. I
cannot not think of a happier place to raise a
At KPMG in the Cayman Islands, I was
family and develop my career.
surrounded by a new culture and a very diverse
working life. It was a welcomed and exciting
change for this Kansas girl! After a year and half
in audit, I was provided the opportunity to try a
new service line and join the U.S. tax practice. I
was completely supported by everyone at KPMG
in the Cayman Islands and was able to thrive in
my new role. The flexibility I have been afforded
in learning new service areas and industries has
been incredibly meaningful to my personal and
professional development.
One of the aspects I have valued immensely
over the years at KPMG in the Cayman Islands is
the opportunity to be involved in so many areas,
projects and initiatives. Some of the areas I have
11 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 12
Changing the world through innovation
Cree Finnikin
Nationality: Caymanian
Title: Analyst Programmer, Information Systems
I am an Analyst Programmer who works with Would it surprise you if I said I only recently
an exceptional team of professionals to create join the firm, just over 2 years ago? Which
modern financial applications for KPMG. brings me to another very important facet of
the Cayman office. The Cayman office fully
After spending over a decade working in the
embraces innovation.
fields of information technology and finance at
one of the largest banks on island, I now enjoy The Partnership and team not only support
working for KPMG in the Cayman Islands. Some you by supplying the resources that you
of my major accomplishments before joining need, but they also are willing to roll up their
KPMG include: creating a payment management sleeves and assist you with getting the job
system for a local bank, developing the largest done. With a support structure like this, it is
ISP in the region, and building an online trading easy to see why you can quite literally, wake
platform. I also enjoy video gaming, cooking, up one morning and change the world through
inventing new items, boating and traveling. innovation.
Even as a tech enthusiast, I still believe the best I can honestly say without hesitation, KPMG
part of the whole process is interacting and is truly the best place I have ever worked in
meeting new people as “people make the world my long career as a tech enthusiast/developer.
go around”. Not only because of the employees and my
team, but the company in general. When you
I have had the pleasure of growing up in this
hear words like unlimited vacation, flex time
amazing place known as the Cayman Islands.
and so on, it is easy to see why KPMG in the
Even better, I am still able to call it home.
Cayman Islands has won top employer locally
Since joining the firm, I have had the pleasure for several years now.
of working with my colleagues at KPMG to
create some ground breaking technology. One
of the more memorable projects was an app
that manages Blockchain transactions from all
over the globe and then presents the data for
auditing. This was a very exciting project, I got to
really ‘geek out’ and interact with data on several
levels. I also got to use some of the more cutting
edge technologies – a great experience.
| Opportunities
1313 | Opportunities
in in
thethe
Cayman
Cayman
Islands
IslandsEncrypting for your digital security
Petri Basson
Nationality: South African
Title: Senior Manager, Information Technology (“IT”) Advisory
I started out my career at KPMG in the Cayman developed 7 different audit tools used by audit
Islands doing financial audit in the Insurance teams. I work closely with the KPMG Malta
department, but very quickly realized the large development teams on these tools on a daily
impact that Information Technology was having basis.
on audit and business in general. I then moved
One of the best things about KPMG in the
over to the IT advisory department where I
Cayman Islands is the team that I get to
focused on IT audits and obtained my Certified
work with every day. We have a great group
Information Systems Auditor qualification.
of very motivated people working on some
I launched and currently the Chairman for the interesting problems.
Board of the Blockchain Association of the
Cayman Islands.
In 2018, I read one book a week and have a blue
belt in Brazilian Jiu-Jitsu. Growing up in South
Africa, I started out as a Chartered Accountant
(SA) with Ernst and Young and then did a 3 month
secondment in Philadelphia in the winter. When
I went back to South Africa, I decided I wanted
to move abroad. After spending a winter in
Philadelphia with a polar vortex, I didn’t want
to go anywhere cold and had an opportunity to
come to Cayman.
In my new role, every day is interesting with
new things to learn and figure out. I’m currently
responsible for the oversight of all the local IT
audits as well as SOC1 and 2 reviews. I also
manage the technical side of the team that is
focused on the auditing of clients who have
invested in digital assets such as Bitcoin,
Ethereum, Litecoin and many others.
I’ve been very closely involved in understanding
how these assets work and how our clients are
investing in and accounting for them. In this
role I’ve been able to develop a methodology
on how to audit these types of assets and also
Opportunities in the Cayman Islands | 1415 | Opportunities in the Cayman Islands
Our new home
4th and 5th floor Hydration Stations:
• Grab a cup of coffee or tea at one of the
Hydration Stations on the 4th or 5th
floors.
• Vivreau water systems will provide
filtered, sparkling or hot water.
Break-out space:
• The space can be used as a flexible
alternative working area for discussions
and meetings with colleagues.
• Enjoy your favorite tracks from the
jukebox or practice your pinball skills.
• Get competitive at the table tennis
and pool tables. Participate in movie
nights, cooking classes and other social
activities.
• Visit the wellness area on the 5th floor to
use the refresh pod, nursing room, and
wellness room.
• Comfortable chairs, booths and
community tables enable you to work
flexibly or simply take time out.
Cascade stairs:
• Meet and collaborate with colleagues
in this space with seating for over 80
people.
• Schedule training sessions for larger
groups.
• Catch a live game on the 165 inch TV.
6th floor:
• With both indoor and outdoor seating
spaces, you can plan your own places to
work and collaborate.
• Practice your short game on the putting
green – located on The Terrace.
• Relax or work in the cafeteria while
enjoying a meal or a beverage.
• Grab a cup of barista prepared coffee at the
Busy Bean Café on the 6th floor.
Opportunities in the Cayman Islands | 16Enjoy different cultural activities The Cayman Islands is extremely rich in culture offering a number of local festivals, cultural activities and diverse cuisine. Grand Cayman is a tourist destination of choice and features a large number of hotels, spas, restaurants and nightlife. 17 | Opportunities in the Cayman Islands
Our culture
The islands offer a delicate balance between preserving their
natural beauty and maintaining the country’s status as one of the
worlds’ leading tourism and financial centres. The islands preserve
their cultural heritage by continuing tradition through local festival.
They also offer cultural - experiences not indigenous to the islands.
With over 100 different nationalities, residents are provided with a
unique mix of cultures from all over the world.
Things to do…
• Queen Elizabeth II Botanic Park - only Blue Iguana breeding in
the world
• Taste of Cayman gathers numerous restaurants for a food
extravaganza
Fast facts
• The annual Agricultural Show showcases the islands true National Bird
heritage Grand Cayman Parrot
• Pirates Week Festival has become the country’s largest
celebration over the last 30 years National Flower
Wild Banana Orchid
• Gimistory is a story-telling festival featuring international and
local story tellers National Tree
• Batabano Carnival is a event which includes parades, soca Silver Thatch Palm
music, dancing and local cuisine National Song
• Rundown is a popular local show featuring skits and music, Beloved Isle Cayman
high-lighting local talent
National Motto
• Boatswain’s Beach – view the array of turtles, sharks, fish and a “He hath founded it upon
number of other indigenous animals the seas”
• Red Sky at Night culture and arts event
Discovered
• Dive to see the endless sights around the Kittiwake wreck Christopher Columbus on
• Stingray city is a great location to snorkel or boat outing May 10, 1503
• Pedro St. James is a historic location to learn about the first Islands’ First Name
settlers in these islands and the Birthplace of Democracy Las Tortugas after the
• Tour historic sites such as the Mastic Trail of unspoiled numerous sea turtles founded
woodlands, Pirates Caves, Crystal Caves, the Bluff, and the on the islands
Wreck of the 10 Sails.
Nationalities
• Camana Bay - various activities such as shopping, dining, movie Over 100 different nationalities.
theatre and extra curricular activities The majority of the population
• Travel for a weekend to Cayman Brac and/or Little Cayman is Caymanian, Jamaican,
• Visit Seven Mile Beach or one of our other beautiful beaches British, American, Canadian,
Filipino, and South American.
• Enjoy duty-free shopping on various signature luxury brands
• Explore the marine life without diving in the Atlantis Submarine
• Enjoy the night life through various clubs, restaurants and bars.
Opportunities in the Cayman Islands | 18Our community
Employees at KPMG in the Cayman Islands are given the opportunity to participate in various local
community activities throughout the year. They are provided with 3.5 hours per month to allocate to
volunteering. Becoming actively involved in the community helps staff to gain a fresh perspective;
enhance their skills; and allows them to work with a diverse group of people. We offer assistance to
over 40 local charities and not-for-profit organizations, and help protect the environment in which we
live.
KPMG in the Cayman Islands has established a • Flowers Sea Swim
citizenship committee, dedicated to funding and • Hedge Funds Care Cayman
assisting local community activities. Their goal is
• Heroes for Hannah
to use our resources to target and fund specific
not-for-profit organizations and events. • Jasmine
• KPMG Family for Literacy (“KFFL”)
We also have a social committee assigned to the
internal community by providing a list of yearly • KPMG Innovation & Collaboration
activities and events for employees to enjoy. Challenge
• Literacy Is For Everyone (“LIFE”)
KPMG in the Cayman Islands’ Corporate
Citizenship initiatives include: • Lighthouse School’s Annual Walk for
Autism
• Becoming X
• Make a Difference Day (“MADD”)
• Brain Bowl
• Meals on Wheels
• Breast Cancer Gala
• Movember
• Cayman Eco Divers
• National Council of Voluntary
• Cayman Islands Cancer Society – Stride Organizations (“NCVO”)
Against Cancer Walk
• National disaster recovery through fund-
• Cayman Islands Junior Achievement raising
• Cayman Islands Little League • One Young World
Association
• Rotary Sunrise Scrabble
KPMG in the Cayman Islands’
• CCMI – Festival of the
• Special Needs
Seas core values includes “We Foundation
• Chamber of
are committed to our • Sunset Football
Commerce – Earth
Day Clean- up communities”. Commitment • Swim for Cayman
• Chamber of to the local community is • Tennis Federation
Commerce Leadership taken seriously in the Cayman – Tennis for public
Cayman schools program
Islands with a large number
• Christmas toy drive • Under 14’s Basketball
of not-for-profit organizations League
• Dress Down Days passionate about helping the
fund-raising to • Young Caymanian
support various local community. Leadership Award
charities (“YCLA”)
19 | Opportunities in the Cayman IslandsLifelong
Learning
Cleaned, levelled
and labelled 3,424
donated books
for schools and
classroom libraries
Environment
Volunteered with
Cayman Eco Divers
on a monthly basis
to maintain and
improve our local
reefs
Movember
Community
Impact
Supported
over 25
charitable
organizations
and initiatives
Opportunities in the Cayman Islands | 20Tech-Tonic Shift: Innovation in
Alternative Investments
CAIS19 examined the impact of digital disruption CAIS is an annual conference that convenes
and other key trends changing the shape of leading thinkers and decision makers from
the industry with its theme ‘Tech-Tonic Shift: diverse segments of the global alternatives
Innovation in Alternative Investments’. industry to discuss and debate the challenges
and opportunities that will define the future of
The sixth-annual Cayman Alternative Investment the industry.
Summit (“CAIS”) explored the latest trends,
technologies and challenges disrupting the KPMG in the Cayman Islands is a proud
alternative investment industry through its Executive Platinum Sponsor of the summit.
2019 theme, “Tech-Tonic Shift: Innovation
To learn more about the Cayman Alternative
in Alternative Investments.” More than 500
Investment Summit, visit: cais.ky.
executives and over 80 speakers from across the
global alternative investment industry gathered
to discuss the industry’s future at the not-for-
profit event.
Sophia, the Humanoid Robotic
21 | Opportunities in the Cayman Islands“The future
dynamism of the
industry now
requires asset
managers to
truly embrace the
role of a trusted
adviser in this
digital age.”
Anthony Cowell,
Head of Asset
Management
Opportunities in the Cayman Islands | 221
KPMG in the Cayman Islands
3
Transportation
FAQ
5
Food and entertainment2
Housing
Qs 4
Service providers
6
Other information1 KPMG in the
Cayman Islands
1 3
Who will pick me up from the What should I bring to the office
airport and what do I supply to on my first day?
customs upon arrival?
Your buddy or a member of the PPC Bring your passport – and dependant(s)
team will meet you at the airport. You passport, if applicable – and a signed
must provide a copy of your work permit copy of your contract.
to customs.
4
What is the dress code at KPMG
2
Who should I contact for work in the Cayman Islands?
permit (single and family status)
and immigration requests? The dress code is business casual attire.
Please contact Lois Myles-Davis The “air-conditioner” keeps the office
(lmylesdavis@kpmg.ky). cool, so feel free to bring a cardigan or
jacket.
5
Does KPMG offer healthcare
benefits?
KPMG offers comprehensive medical
coverage, which is funded 50% by the
employee and 50% by the employer. For
more information, please contact Tanya
Wright (tanyawright@kpmg.ky).
Right: new KPMG building
25 | Opportunities in the Cayman Islands opened January 2019Opportunities in the Cayman Islands | 26
2 Housing
6 7
What are the different districts in What are some reputable real
Grand Cayman, and how much estate agencies and where can I
are the average rental rates? find rental listings?*
Average rental rates vary depending on You can find rental listings at ecaytrade.
the size and location of your home and com, Azure Realty Ltd, ReMax,
can be as little as CI$750/month (Bodden Sotheby’s International Realty, Capital
Town) or as much as CI$4,000/month Reality Ltd, and Tessa Hydes Property
(Seven Mile Beach). The districts are: Management. These are all reputable
agencies.
• West Bay:
Seven Mile Beach, Governors
8
Harbour, Snug Harbour, and Camana What does an apartment come
Bay with?
• George Town:
South Sound, Spotts, and Red Bay Most apartments come fully furnished
and include utensils and appliances.
• Bodden Town:
Lower Valley, Savannah, and
9
Breakers What are the upfront costs for
renting a place?
• North Side and East End:
Frank Sound and Old Man Bay
Security deposit (one month rent); plus,
first month’s rent.
10
What utility fees will I need
to pay?
You will need to pay for water, electricity,
cable, internet, and telephone; however,
some rentals include all utilities. CUC
(electricity) is very costly, so please
inquire about an energy efficient home.
27 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 28
3 Transportation
11 14
Where can I find a vehicle to How do I purchase
buy? insurance?*
You can find vehicles at ecaytrade. To purchase insurance, complete
com, in the local newspaper (Cayman the relevant forms from the chosen
Compass), at car dealerships, or through insurance provider: British Caymanian
co-workers who may be selling their Insurance Agencies Ltd, Cayman
vehicles. Insurance Centre, Island Heritage, BAF
General Insurance Brokers, Cayman
12
Do you have any other First Insurance Company Ltd, SaxonMG
transportation tips? Insurance, or the Insurance Company of
the West Indies.
Remember to drive on the left side of
15
the road and steering can be on the How do I transfer a car in my
left or right side of the automobile. name?*
You can also use bus services, which
are approximately CI$2 a trip, or taxi To transfer a car in your name, complete
services, which vary depending on the relevant section of the car’s log book
duration of travel. at the Department of Vehicle & Drivers’
Licensing (DMV). Please note, yourself
13
What are the rules of and the seller must both be present at
roundabouts? the DMV.
16
Always travel in a clockwise direction What are the main gas
and “give way” to traffic approaching stations and what are gas
from the right. When using multi-lane prices?
roundabouts, use the left-hand lane if On the Run - Esso and RUBiS are the
you are taking the first or second exit main gas stations. Some are open 24hrs
and use the right-hand lane for the and gas prices are CI$4 - $5 a gallon.
third exit or if making a u-turn – always
remember to use your left signal prior to
exiting.
29 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 30
4 Service providers
17 20
What are the banks’ hours of What daycare facilities are
operation? available?*
Butterfield Bank, Cayman National Bank, Bright Starts, George’s Pre-School, Kids
First Caribbean International Bank, Royal Adventure Pre-School, Little Trotters Farm
Bank of Canada and Scotiabank have and Nursery School, Montessori, and
varying hours depending on the bank and WEE CARE Centre (First Baptist) are
branch. Fidelity hours are as follows: available.
• Fidelity (George Town): Monday –
21
Friday (9:00am – 4:30pm) What are monthly rates for
a nanny and where can I
• Fidelity (Seven Mile Beach): Monday find one?
– Friday (10:00am – 6:00pm)
Monthly rates start at CI$1,000 per
month + pension + health insurance
18
Who are the cable/internet coverage. Inquire with colleagues at
and phone providers? work – best recommendations come
from word of mouth.
• Digicel (discounted plan available):
22
digicelcayman.com Where can I find a
• FLOW (offers KPMG Affinity hairdresser or barber?*
discounted plan):
discoverflow.ky Eclipze Hair Design and Day Spa, George
• Logic: logic.ky Carvalho, The Salon, Halo Lifestyle Salon
and Spa, Renaissance Salon and Spa,
Solutions Unisex Salon, and Utopia Hair
19
Can you recommend a Salon are a few options.
doctor’s office?*
Cayman Islands Health Services
Authority, Chrissie Tomlinson Memorial
Hospital, Seven Mile Medical Clinic, The * contact details for these
Children’s Clinic and Family Practice, and providers are listed on pages 35-36.
TrinCay are reputable doctor’s offices.
31 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 32
5 Food and
entertainment
23 25
Are stores and restaurants What franchises are on
open seven days a week? island?
Retail stores and supermarkets are Fast food restaurants are Burger King,
closed on Sundays. Most pharmacies Quiznos, Wendy’s, Subway, Pizza Hut,
and restaurants are open on Sundays Domino’s, Papa John’s, Gino’s Pizza,
and during public holidays. Popeyes, and Kentucky Fried Chicken,
Smoothie King, Chicken Chicken, Pico
24
Taqueria, and Cimboco.
What are the major grocery
stores?*
26
Are there healthy options on
island?
The major supermarkets are Foster’s
Food Fair, Kirk Market, and Hurley’s,
which all have pharmacies. Cost U Less Healthy options are The Brasserie,
and Priced Right are both wholesale Upper Crust, Bay Market, Café del sol,
stores. Store hours vary, but are usually Cimboco, Full of Beans, Island Naturals
Monday – Friday (7:00am – 10:45pm) Cafe, Smoothie Factory, Fresh Kitchen &
and are closed on Sunday. Please note, Coffee, Icoa and most supermarkets.
supermarkets include flyers in the
27
Cayman Compass weekly to highlight What sports are played on
their weekly discounts. island?
Due to the multi-cultural mix, almost
all sports are played, including various
KPMG-sponsored teams (beach
volleyball, flag football, rugby, tennis,
etc.). To see additional information
about the various upcoming sporting
events taking place on island, visit:
caymanactive.com.
33 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 34
6 Other information
28 31
Are international debit Do I need to order bottled
cards and other currencies water?
accepted here?
Yes, international debit cards are You can drink tap water, but you can also
accepted. You can use US and CI order 5 gallon bottled water from the
currency only. Please note, AMEX is not local providers (Flowers Bottled Water
frequently accepted on island. Service, H2O, Le Bleu) or purchase
cases of water from the supermarkets,
29
What are the temperatures wholesale stores, and gas stations.
like year round in the
32
Cayman Islands? Where can my significant
Cayman has an average temperature other find employment?*
of 28 degrees Celsius / 82 degrees
Fahrenheit. There is little rain from Personnel 2000, Baraud, and Stepping
December to May, but June to Stones are local recruiting agencies. You
November is rainy season. can also look for listings on ecaytrade.
com or in the Cayman Compass. Please
30
How does the postal system note, every Friday the classifieds are full
work? with job opportunities.
33
There is no mail delivery to homes. You Where can I find more
can rent a P.O. Box from the post office information about living in
or have your mail sent to KPMG. Please the Cayman Islands?
include the following details for mail sent The Resident is a useful publication,
to KPMG: which can also be accessed online:
www.caymannewresident.com
Private and confidential
Your name
KPMG
P.O. Box 493
SIX Cricket Square
Grand Cayman KY1-1106
Cayman Islands
35 | Opportunities in the Cayman IslandsNotes
Opportunities in the Cayman Islands | 36Housing Cayman Insurance Centre
Cayman Business Pk
Azure Realty Ltd Thomas Russell Way (Huldah Ave)
Unit 4 Galleria Plaza Tel. (345) 949 4657
638 West Bay Road cic.com.ky
Tel. (345) 946 2987
azurerealtycayman.com Department of Vehicle & Drivers’
Licensing
BCQS 990 Crewe Road
215-245 North Church St George Town
George Town Tel. (345) 945 8344
Tel. (345) 949 9300
bcqspropertymanagement.com 9, Reverend Blackman Rd
West Bay
Capital Reality Ltd Tel. (345) 949 7231
Unit #11 The Strand Shopping Plaza dvdl.gov.ky
Seven Mile Beach
Tel. (345) 623 1400 Island Heritage
capitalrealty.com.ky The Strand Shopping Plaza
Tel. (345) 949 7280
ReMax islandheritageinsurance.com
Cindy Raymond
7 Mile Shops SaxonMG Insurance
Tel. (345) 949 9752 14 Saturn Close
Cell. (345) 916 0469 Eastern Avenue
remax.ky Tel. (345) 947 2966
saxonmg.ky
Sotheby’s International Realty
Governor’s Square The Insurance Company of the
Seven Mile Beach West Indies
(345) 623 1234 Tel. (345) 949 6970
sircaymanislands.com Fax. (345) 623 6970
icwi.com/cayman
Tessa Hydes Property
Management
Gemma Haylock Medical services
203 Regency Court
West Bay Road Health Services Authority
Tel. (345) 949 5134 95 Hospital Road
Cell. (345) 324 9075 George Town
rentals2_thpm@candw.ky Tel. (345) 949 8600
hsa.ky
Doctors Hospital Cayman
Automotive Walkers Road, George Town
BAF General Insurance Brokers Tel. (345) 949 6066
Dorcy Drive doctorshospitalcayman.com
Industrial Park Seven Mile Medical Clinic
Tel. (345) 814 2529 Queens Court
bafsolutions.com West Bay Rd
British Caymanian Insurance Tel. (345) 949 5600
74 Britcay House sevenmileclinic.ky
236 Eastern Avenue The Children’s Clinic and Family
George Town Windward Centre, Smith Road
Tel. (345) 949 8699 George Town
cgigroup.com Tel. (345) 949 2970
Cayman First Insurance Company thechildrensclinic.ky
3rd Floor, Harbour Place TrinCay
103 South Church Street Suite 1204, 55 Market St
Tel. (345) 949 7028 Camana Bay
caymanfirst.com Tel. (345) 943 4633
trincay.kyService providers Supermarkets Schools
Eclipze Hair Design and Day Spa Cost U Less Cayman International School
Camana Bay Governors Square Governor’s Harbour, West Bay Road
Tel. (345) 945 1188 West Bay Tel. (345) 945 4664
eclipze.ky Tel. (345) 745 5377 caymaninternationalschool.org
costuless.com/store038 American system
George Carvalho
Buckingham Square Cayman Prep & High
Foster’s Food Fair
West Bay Road Walkers Road, George Town
Tel. (345) 946 1912 The Strand Tel. (345) 949 9115
Seven Mile Beach cayprep.edu.ky
Grandeur Art of Hair
Tel. (345) 945 3663 British system
Mary Street
George Town Republix Plaza First Baptist Christian School
Tel. (345) 947 9715 West Bay Crewe Road, George Town
Tel. (345) 945 3663 Tel. (345) 945 7906
Kimpton Seafire Art of Hair
fosters-iga.com fbcs.edu.ky
60 Tanager Way, Seven Mile Beach
American system
(345) 746 0000 Hurley’s Marketplace
seafireresortandspa.com/cayman- Grand Harbour Grace Christian Academy
island-spa-resorts Tel. (345) 947 8488 Crescent Close, West Bay
hurleys.ky/home.php Tel. (345) 945 0899
Marriott Beach Resort Botanika
gracechristianacademycayman.org
Union Kirk Market
American/International system
389 West Bay Rd 413 Eastern Ave
Seven Mile Beach George Town Hope Academy
Tel. (345) 949 0088 Tel. (345) 949 7022 Grand Harbour Shoppes
marriott.com/hotels/travel/gcmgc- kirkmarket.ky Tel. (345) 769 4673
grand-cayman-marriott-beach-resort www.hopecayman.com
Priced Right
American system
Renaissance Salon and Spa Airport Center, George Town
Unit #1&2, 461 Walkers Rd Tel. (345) 815 1070 John Gray High School
George Town Walkers Road, George Town
Republix Plaza, West Bay
Tel. (345) 949 4247 Tel. (345) 949 9444
Tel. (345) 949 3214
renaissancesalonandspas.com jghs.edu.ky
British system
Rock Georgeous Hair Salon
1st floor behind Edoardo’s Recruitment agencies Montessori By The Sea
West Bay Rd Prospect
Baraud
Tel. (345) 925 4231 Tel. (345) 947 0684
Elgin Court, Elgin Avenue
rockgorgeoushair.com mbts.ky
George Town
Solutions Unisex Salon Tel. (345) 945 1781 St. Ignatius Catholic School
Shop #8, 7 Mile Shops baraud.com Walkers Road, George Town
Cell. (345) 917 5863 Tel. (345) 949 9250
CML Offshore Recruitment
st-ignatius.com
The Ritz-Carlton La Prairie Spa Grand Pavilion Commercial Centre
British system
Seven Mile beach Seven Mile Beach
Tel. (345) 815 6900 Tel. (345) 949 1345 Triple C School
ritzcarlton.com/en/hotels/caribbean/ cmlor.com Fairbanks Road, George Town
grand-cayman/spa Tel. (345) 949 6022
Personnel 2000
triplecschool.org
Utopia Hair Salon Market Street
American system
Caribbean Plaza Camana Bay
West Bay Road Tel. (345) 945 8367
Tel. (345) 749 8876 personnel2000.com
Westin Hibiscus Spa Stepping Stones
Seven Mile Beach Fidelity Financial Center
Tel. (345) 945 3800 Seven Mile Beach
westingrandcayman.com/spa Tel. (345) 946 7837
steppingstonescayman.comOur values
We lead by
We work together
example
We respect the
individual
We seek the facts and
provide insight
We are open and
honest in our
We are committed to communication
our communities
Above all, we act with integrity
39 | Opportunities in the Cayman IslandsOpportunities in the Cayman Islands | 40
Contact us
Abbie Thompson
Senior Manager
Recruitment/People, Performance & Culture
abbiethompson@kpmg.ky
Sinead Byrne
Manager
Recruitment/People, Performance & Culture
sineadbyrne@kpmg.ky
Spanish Bay
Caribbean Sea
Barkers
West Bay Stingray City Rum Point
Cayman Kai
No
CI Yacht Club rth
Sid Old Man Bay
Kaibo Beach Retreat eR
oad The Reef
Salina Morritt’s Tortuga
Reserve
Seven Mile Beach
North Side Blue
Iguana
North Sound Nature
oad
Reserve
dR
oun
kS
Fran
Mastic Trail
Grand Harbour East End
East End Portofino Restaurant
Skate / Wave Park Marshland
Natural Habitat
Gun Bay
Airport Frank Sound
George
Ten Sails Wreck
Town Bodden Lighthouse White Sand Bay Blow Holes
Town
Pirate’s Caves
Smith Cove
South
Sound Caybrew Brewery
Sports Bay
Pedro St. James Castle
Cathy Church Gallery
kpmg.ky
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to
provide accurate and timely information,there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the
future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. KPMG and the
KPMG logo are registered trademarks of KPMG International Cooperative (“KPMG International”), a Swiss entity.
The information reflected in this document was obtained from The Economics and Statistics Office (ESO),a department of the Government of the Cayman Islands,
www.eso.ky, 2019.
© 2019 KPMG, a Cayman Islands partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative
(“KPMG International”), a Swiss entity. All rights reserved. Printed in the United Kingdom.You can also read
