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

Unknown Chance of Automation

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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 “Loss Prevention Manager”

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

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