Mr. Wallace was one for the first Caymanians to work in the dive industry. Mr. Wallace became a dive master in 1975. Mr. Wallace began his diving career working with Mr. Jim Daley at Surfside from 1975-1977. Following that he worked with many other well-known dive masters including Captain Butch at SeaSports, Clinton Ebanks at Scuba Cayman, and Arthie Evans at Quibbin Divers. Prior to starting his own company he worked with Peter Milburn throughout the ninety-eighties. From 1985 to 1990 Mr. Wallace worked for himself at Rivers Sport Diver a company he and wife at the time started. Following an issue with his ear Mr. Wallace decided to close the company and travel in the US and Canada.