RRC Polytech key to success for Indigenous banking expert and Business Administration alum
One of the things Tom Thordarson likes best about his longtime career in Indigenous banking is that he is helping his own people.
“Being First Nations myself, I’ve seen the challenges First Nations go through. Anything I can do to help others be successful, that’s my big thing for sure,” he said, sitting at the kitchen table in his West St. Paul home. Thordarson is a member of Peguis First Nation, one of the largest communities of its kind in Manitoba.
One key to his own success was his education in the two-year Business Administration diploma program at RRC Polytech. He graduated in 2005, with an entry-level position at RBC waiting for him.
Today, as a Senior Relationship Manager in Commercial Financial Services for RBC, he specializes in Indigenous Markets with clients in Manitoba and Northwestern Ontario. He understands the First Nations experience and knows how to help people meet their financial goals.
In his role with RBC, he is part of a dedicated Indigenous Markets team with 14 staff across Manitoba, Saskatchewan, Nunavut, and Western Ontario.
“There are a lot of good things happening in First Nation communities right now. So, it’s good to be able to help them,” he said.
“Not all the banks have an Indigenous Markets team like ours; I think RBC was the first to establish one. I appreciate the respect RBC has for First Nations people and communities, and its commitment to truth and reconciliation,” he added.
Thordarson works out of an office in Headingley, on the Swan Lake First Nation Reserve. From there, he empowers First Nation governments and Indigenous clients to navigate a path to grow and succeed, and helps them create future opportunity and prosperity in Manitoba.
His own opportunity came when he was a young man living and working with his father in Peguis First Nation, located 190 kilometers north of Winnipeg.
“There were limited opportunities for employment in Peguis, on the reserve at the time,” he remembered. His father worked in the heating and air conditioning business. “The work in Peguis was sporadic. We’d get busy, and then there were times when we’d have no work. I wanted something more stable.”
That was when he noticed the RBC branch in Peguis had posted a casual teller position. He applied and was hired. Working with numbers always appealed to him ̶ math was his strongest subject in grade school.
RRC Polytech program highly recommended
When it was time for him to leave Peguis First Nation in 2003 to further his education, he knew university didn’t feel right for him. “RRC Polytech seemed like a better fit for me, with it being smaller. That drew me there,” he said.
A cousin of Thordarson’s had taken the Business Administration program at RRC Polytech before him and recommended it. “He had a lot of good things to say about the program, and the different fields you can go into after graduation,” said Thordarson, giving banking and entrepreneurship as examples.
The program taught Thordarson all the aspects of business he needed to know. “Law, accounting – which is helping me to this day, having to get financial statements from my clients and analyzing those – business communications, helping to write proposals, and so on.”
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