The Challenge of Talent: Recruitment, Training, Retention and Succession in the Age of Quiet Quitting and Fintechs

In their 2023 Operating Plan, the OCC cited employee-related issues as a safety and soundness consideration. They mandated that “Examiners’ reviews of bank governance should assess the effectiveness of talent recruitment, training, retention, and succession management processes” noting that “[w]eaknesses in talent management processes could lead to control breakdowns, untimely completion of material audits or other reviews, or failure to comply with rules and regulations that leads to customer impacts.”

The one-hour discussion will be moderated by Michael Williams, a partner in Phelps’ employee benefits practice focusing on employee and executive compensation and benefits issues for banks and other financial institutions, and will feature a panel of HR leaders from across the banking spectrum. We will discuss talent management, and the challenges facing community, private, and super-regional banks, and the banking industry as a whole.

If you missed this event, you can view a recording here.

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