This study explores the critical role of risk management in financial, and human resources (HR) to address challenges and mitigate human capital risks within the dynamic financial sector. As financial institutions increasingly rely on their human capital as a strategic asset, the paper outlines critical challenges HR professionals face, including talent retention, regulatory compliance, succession planning, cybersecurity threats, crisis management, and diversity and inclusion. The abstract further presents a comprehensive set of strategies to mitigate these risks, emphasizing the importance of risk assessment, ongoing training and development, technology adoption, employee engagement, transparent communication, legal compliance, benchmarking, and collaboration with IT. By implementing these strategies, financial institutions can enhance their human capital management practices, reduce risks, and fortify their resilience in an ever-evolving financial landscape. This research provides a valuable roadmap for HR professionals and organizational leaders seeking to navigate the complexities of managing human capital risks in the financial industry.