The banking industry plays a major role in the economy of a country, and the desirable performance of banks has a significant effect on the economic development of a country. Environmental factors affecting this industry, such as the complex global economy, the economic climate of the country affected by economic sanctions, as well as the growth and development of private banks and financial and credit institutions, have directed the banks to attract, train, and retain talented people to sustain its growth and survival and to gain superior competitive advantage.Hence, the present study was conducted to design a talent management model using risk approach in order to reduce its risks. The present study is interpretive in terms of philosophical foundations and its orientation is fundamental and applied. The research approach is inductive and qualitative method was used to conduct it. The research type is also field study and the grounded data theory has been used as its strategy. The data were collected through interview and they were coded and analyzed using Maxqda software. To select a sample, a mix of purposeful judging and snowball methods were used. In the present study, the risks of talent management were identified and the paradigm model ofthe talent management with a risk approach in the role of causal, contextual, interventional, main phenomena and outcomes was designed and developed and the dimensions of talent seeking, talent identification, talent training development, talent appointment, talent retaining, and control, and feedback for the main phenomenon were identified.