• Panchkula
  • June 30, 2023

Job Responsibilities for Manager Loss Prevention
The internal focus of Loss Prevention Managers includes cash handling theft, inventory control, facilities and equipment damage, security access violations, fraud, and a variety of audits of employee activities. The loss prevention manager has several duties and tasks to perform daily as part of the job, including the following:
• Investigate, log, and resolve alleged and actual theft, violations of policy, and compliance concerns.
• Coordinate and communicate with management and governmental agencies to act appropriately and legally.
• Audit sites to ensure inventory is processed, handled, and monitored appropriately, and document any errors or failures.
• Develop policies and train staff in loss prevention, reduce shrinkage, and use tagging and/or report mechanisms.
• Minimize the financial losses of a retail operation related to theft, vandalism, accident, and injury.
• Develop ways to detect safety issues and security violations and to put programs in place to prevent repeat occurrences.
Loss Prevention Manager Skills & Competencies
In addition to the duties performed by a loss prevention manager, the following skills will help them succeed in their role:
• Communication: The loss prevention manager is expected to communicate efficiently to be able to effectively conduct reviews with management, police, and employees.
• Work well with others: They also must be a team player, able to work with different personality types, assertive, able to work with discretion, and professional.
• Analytical, detailed, and confidential: They must also maintain confidentiality, have great attention to detail, and have excellent analytical skills.
• Computer skills: Computer and word processing proficiency is also required.

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