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Loss Prevention Managers

It's a bright outlook for

This career will grow rapidly in the next few years.

Learn more about what they do.

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

Related: Compliance Managers Financial Risk Specialists Management Analysts Security Management Specialists Security Managers

Industries: Government

Summary
Details

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

Speaking
- Talking to others.
Mathematics
- Using math to solve problems.
Systems Evaluation
- Measuring how well a system is working and how to improve it.
Reading Comprehension
- Reading work-related information.
Programming
- Writing computer programs.
Systems Analysis
- Figuring out how a system should work and how changes in the future will affect it.
Persuasion
- Talking people into changing their minds or their behavior.
Equipment Maintenance
- Planning and doing the basic maintenance on equipment.
Management of Financial Resources
- Making spending decisions and keeping track of what is spent.
Equipment Selection
- Deciding what kind of tools and equipment are needed to do a job.
Repairing
- Repairing machines or systems using the right tools.
Management of Personnel Resources
- Selecting and managing the best workers for a job.
Monitoring
- Keeping track of how well people and/or groups are doing in order to make improvements.
Writing
- Writing things for co-workers or customers.
Critical Thinking
- Thinking about the pros and cons of different ways to solve a problem.
Service Orientation
- Looking for ways to help people.
Time Management
- Managing your time and the time of other people.
Judgment and Decision Making
- Thinking about the pros and cons of different options and picking the best one.
Learning Strategies
- Using the best training or teaching strategies for learning new things.
Science
- Using scientific rules and strategies to solve problems.
Active Learning
- Figuring out how to use new ideas or things.
Operations Analysis
- Figuring out what a product or service needs to be able to do.
Management of Material Resources
- Managing equipment and materials.
Complex Problem Solving
- Noticing a problem and figuring out the best way to solve it.
Technology Design
- Making equipment and technology useful for customers.
Active Listening
- Listening to others, not interrupting, and asking good questions.
Instructing
- Teaching people how to do something.
Operations Monitoring
- Watching gauges, dials, or display screens to make sure a machine is working.
Troubleshooting
- Figuring out what is causing equipment, machines, wiring, or computer programs to not work.
Installation
- Installing equipment, machines, wiring, or computer programs.
Coordination
- Changing what is done based on other people's actions.
Quality Control Analysis
- Testing how well a product or service works.
Social Perceptiveness
- Understanding people's reactions.
Operation and Control
- Using equipment or systems.
Negotiation
- Bringing people together to solve differences.

Memorization
- Remembering words, numbers, pictures, or steps.
Manual Dexterity
- Holding or moving items with your hands.
Written Expression
- Communicating by writing.
Control Precision
- Quickly changing the controls of a machine, car, truck or boat.
Visualization
- Imagining how something will look after it is moved around or changed.
Originality
- Creating new and original ideas.
Response Orientation
- Quickly deciding if you should move your hand, foot, or other body part.
Oral Expression
- Communicating by speaking.
Perceptual Speed
- Quickly comparing groups of letters, numbers, pictures, or other things.
Near Vision
- Seeing details up close.
Glare Sensitivity
- Seeing something even if there is a glare or very bright light.
Oral Comprehension
- Listening and understanding what people say.
Deductive Reasoning
- Using rules to solve problems.
Speed of Closure
- Quickly knowing what you are looking at.
Arm-Hand Steadiness
- Keeping your arm or hand steady.
Reaction Time
- Quickly moving your hand, finger, or foot based on a sound, light, picture or other command.
Fluency of Ideas
- Coming up with lots of ideas.
Time Sharing
- Doing two or more things at the same time.
Mathematical Reasoning
- Choosing the right type of math to solve a problem.
Stamina
- Exercising for a long time without getting out of breath.
Far Vision
- Seeing details that are far away.
Number Facility
- Adding, subtracting, multiplying, or dividing.
Gross Body Equilibrium
- Keeping your balance or staying upright.
Information Ordering
- Ordering or arranging things.
Static Strength
- Lifting, pushing, pulling, or carrying.
Dynamic Flexibility
- Quickly and repeatedly bending, stretching, twisting, or reaching out with your body, arms, and/or legs.
Extent Flexibility
- Bending, stretching, twisting, or reaching with your body, arms, and/or legs.
Sound Localization
- Noticing the direction that a sound came from.
Trunk Strength
- Using your lower back and stomach.
Visual Color Discrimination
- Noticing the difference between colors, including shades and brightness.
Peripheral Vision
- Seeing something to your side when your are looking ahead.
Hearing Sensitivity
- Telling the difference between sounds.
Written Comprehension
- Reading and understanding what is written.
Flexibility of Closure
- Seeing hidden patterns.
Inductive Reasoning
- Making general rules or coming up with answers from lots of detailed information.
Wrist-Finger Speed
- Making fast, simple, repeated movements of your fingers, hands, and wrists.
Multilimb Coordination
- Using your arms and/or legs together while sitting, standing, or lying down.
Explosive Strength
- Jumping, sprinting, or throwing something.
Gross Body Coordination
- Moving your arms, legs, and mid-section together while your whole body is moving.
Finger Dexterity
- Putting together small parts with your fingers.
Speed of Limb Movement
- Quickly moving your arms and legs.
Auditory Attention
- Paying attention to one sound while there are other distracting sounds.
Speech Recognition
- Recognizing spoken words.
Speech Clarity
- Speaking clearly.
Category Flexibility
- Grouping things in different ways.
Spatial Orientation
- Knowing where things are around you.
Problem Sensitivity
- Noticing when problems happen.
Rate Control
- Changing when and how fast you move based on how something else is moving.
Selective Attention
- Paying attention to something without being distracted.
Dynamic Strength
- Exercising for a long time without your muscles getting tired.
Night Vision
- Seeing at night or under low light.
Depth Perception
- Deciding which thing is closer or farther away from you, or deciding how far away it is from you.

Economics and Accounting
- Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Design
- Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
Personnel and Human Resources
- Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
Customer and Personal Service
- Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Mechanical
- Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
Production and Processing
- Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
Fine Arts
- Knowledge of the theory and techniques required to compose, produce, and perform works of music, dance, visual arts, drama, and sculpture.
Building and Construction
- Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
Engineering and Technology
- Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
Food Production
- Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
History and Archeology
- Knowledge of historical events and their causes, indicators, and effects on civilizations and cultures.
Public Safety and Security
- Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
Medicine and Dentistry
- Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
Geography
- Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
Mathematics
- Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Sales and Marketing
- Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
Biology
- Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
English Language
- Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
Telecommunications
- Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
Chemistry
- Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.
Education and Training
- Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
Physics
- Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes.
Therapy and Counseling
- Knowledge of principles, methods, and procedures for diagnosis, treatment, and rehabilitation of physical and mental dysfunctions, and for career counseling and guidance.
Psychology
- Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
Foreign Language
- Knowledge of the structure and content of a foreign (non-English) language including the meaning and spelling of words, rules of composition and grammar, and pronunciation.
Sociology and Anthropology
- Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.
Transportation
- Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
Administration and Management
- Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Computers and Electronics
- Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Communications and Media
- Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
Administrative
- Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
Law and Government
- Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
Philosophy and Theology
- Knowledge of different philosophical systems and religions. This includes their basic principles, values, ethics, ways of thinking, customs, practices, and their impact on human culture.

Education

Bachelor's degree

Work Experience

Less than 5 years work experience

Training

No on-the-job training

Education and Training Opportunities

Washington Annual Salary

165080/yr

Washington Hourly Wage

79.37/hr

Currently Employed

1,393,500

Yearly Projected Openings

106700

Conventional: People interested in this work like activities that include data, detail, and regular routines. They do well at jobs that need:

Integrity
Dependability
Leadership
Self Control
Attention to Detail
Initiative

Alarm systems
Closed circuit television CCTV system
Fire alarm control panel
Notebook computers
Personal computers
Security or access control systems
Special purpose telephones
Video monitors

Accounting software
Business intelligence and data analysis software
Calendar and scheduling software
Data base user interface and query software
Document management software
Electronic mail software
Enterprise application integration software
Enterprise resource planning ERP software
Human resources software
Inventory management software
Office suite software
Operating system software
Point of sale POS software
Presentation software
Project management software
Spreadsheet software
Time accounting software
Word processing software

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