Occupation information for Loss Prevention Managers District Of Columbia

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.

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details

Currently Employed: 28,070

Projected Annual Job Openings: 2,010

Typical Hourly Wage: $64.73 - $84.75

Typical Annual Salary: $134,640 - $176,280

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typical training

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: Less than 5 years work experience

Typical on-the-job training once you have a job in this occupation: No on-the-job training

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typical job duties
  • Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
  • Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
  • Review loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
  • Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
  • 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.
  • Hire or supervise loss prevention staff.
  • Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
  • Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
tools & technology
Tools:
  • Alarm systems
  • Closed circuit television CCTV system
  • Fire alarm control panel
  • Notebook computers
  • Personal computers

Technology:
  • Accounting software
  • Data base user interface and query software
  • Electronic mail software
  • Operating system software
  • Project management software