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