Will “Manager of Loss Prevention Operations” be Replaced By Robots? 🤔

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Job Description

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Job Details

The SOC (Standard Occupational Classification) code is 11-9199.08

☝️ Information based on the reference occupation “Loss Prevention Managers”.

Also Known As…

Tasks for “Manager of Loss Prevention Operations”

Collaborate with law enforcement to investigate and solve external theft or fraud cases.
Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
Perform cash audits and deposit investigations to fully account for store cash.
Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
Identify potential for loss and develop strategies to eliminate it.
Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
Investigate or interview individuals suspected of shoplifting or internal theft.
Maintain documentation of all loss prevention activity.
Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
Coordinate theft and fraud investigations involving career criminals or organized group activities.
Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
Visit stores to ensure compliance with company policies and procedures.
Monitor and review paperwork procedures and systems to prevent error-related shortages.
Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
Advise retail establishments on development of loss-investigation procedures.
Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
Hire or supervise loss-prevention staff.
Direct installation of covert surveillance equipment, such as security cameras.
Recommend improvements in loss prevention programs, staffing, scheduling, or training.
Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
Analyze retail data to identify current or emerging trends in theft or fraud.
Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
Review loss-prevention exception reports and cash discrepancies to ensure adherence to guidelines.
Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.

Related Technology & Tools

Fire alarm monitoring systems
Video surveillance systems
Security alarm systems
Personal computers
Physical access control systems
Closed circuit television CCTV monitoring systems
Multiline telephone systems
Laptop computers

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