Career Overview
Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.
Also Known As
- Asset Protection Manager
- Loss Prevention Director
- Loss Prevention Manager
- Loss Prevention Operations Manager
Alternate Job Titles
- Area Asset Protection Manager
- Area Loss Prevention Manager
- Asset Protection and Safety Manager
- Asset Protection Leader
- Asset Protection Manager
- Asset Protection Supervisor
- Asset Safety Manager
- District Asset Protection Manager
- District Loss Prevention Manager
- Logistics Loss Prevention Manager
- Loss Control Manager
- Loss Prevention and Safety Manager
- Loss Prevention Director
- Loss Prevention Leader
- Loss Prevention Manager
What You'll Do
In this role, your typical responsibilities include:
- 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.
Knowledge You'll Use
You'll need solid knowledge in these areas:
- Public Safety and Security
- Law and Government
- Administration and Management
- English Language
- Education and Training
- Customer and Personal Service
Essential Skills
Success in this career requires strong skills in:
- Reading Comprehension
- Speaking
- Active Listening
- Complex Problem Solving
- Time Management
- Critical Thinking
- Monitoring
- Judgment and Decision Making
- Instructing
- Systems Evaluation
Key Abilities
This career requires key abilities in:
- Oral Expression
- Problem Sensitivity
- Oral Comprehension
- Near Vision
- Written Comprehension
- Written Expression
- Deductive Reasoning
- Inductive Reasoning
- Speech Recognition
- Speech Clarity
Work Style
People who excel in this career typically demonstrate:
- Integrity
- Dependability
- Cautiousness
- Attention to Detail
- Leadership Orientation
What Matters in This Career
This career tends to satisfy these work values:
- Achievement
- Relationships
- Independence
- Working Conditions
- Recognition
Education & Preparation
Typical Education: Bachelor's Degree
Related Work Experience Needed: Over 4 years, up to and including 6 years
On-the-Job Training: Over 1 month, up to and including 3 months
Education Details: Most of these occupations require a four-year bachelor's degree, but some do not.
Experience Required: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Technology You'll Use
Popular Technologies & Software
- Google Workspace software
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- Microsoft Project
- Microsoft SharePoint
- Microsoft Windows
- Microsoft Word
Tools & Equipment
- Closed circuit television CCTV monitoring systems
- Fire alarm monitoring systems
- Laptop computers
- Multiline telephone systems
- Personal computers
- Physical access control systems
- Security alarm systems
- Video surveillance systems
Work Environment
- Contact With Others
- Telephone Conversations
- Indoors, Environmentally Controlled
- Face-to-Face Discussions with Individuals and Within Teams
Salary & Job Market
Wages reported for the broader Managers, All Other occupational group (BLS 2024), which includes Loss Prevention Managers.
| Salary Percentile | Annual Wage |
|---|---|
| Entry-Level (10th percentile) | $68,860 |
| Median | $136,550 |
| Top Earners (90th percentile) | $227,590 |
Workers Employed Nationally: 630,980
Related Careers
If you're interested in this career, you might also consider:
Financial Risk Specialists
Education: Not specified
Median Salary: $106,000
Compliance Managers
Education: Bachelor's Degree
Median Salary: $136,550
Security Managers
Education: Bachelor's Degree
Median Salary: $104,690
Security Management Specialists
Education: Bachelor's Degree
Median Salary: $81,270
Management Analysts
Education: Bachelor's Degree
Median Salary: $101,190
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Occupational data sourced from the O*NET OnLine database, developed by the U.S. Department of Labor, Employment and Training Administration. Wage data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), 2024.