Protiviti’s latest Executive Perspectives on Top Risks Survey identified talent and culture as top risks, as well as technology and innovation. Recruiting and retaining the right resources in the finance function has never been more critical due to accelerating adoption of new technologies and complying with a growing list of regulations. But a finance labor shortage often stands in the way of these imperatives, posing operational risks.

This article describes the growing compliance obligations for financial services firms and identifies five key strategies that help finance leaders retain, develop, recruit and augment staff.