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Occupation information for

Loss Prevention Managers
District Of Columbia

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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: 38,550

Yearly Projected Openings: 860

Typical Hourly Wage: $53.95 - $68.66

Typical Annual Salary: $112,200 - $142,800

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typical training

Typical education needed for entry: High school diploma or equivalent

Typical work experience needed for a job in this occupation: 1 to 5 years

Typical on-the-job training once you have a job in this occupation: None

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typical job duties

  • Identify potential for loss and develop strategies to eliminate it.
  • 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.
  • Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
  • Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
  • Collaborate with law enforcement to investigate and solve external theft or fraud cases.
  • Analyze retail data to identify current or emerging trends in theft or fraud.
  • Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
  • Monitor and review paperwork procedures and systems to prevent error-related shortages.
  • Coordinate theft and fraud investigations involving career criminals or organized group activities.

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