Loss Prevention Managers

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Job Outlook:
None
Education: Bachelor's degree
Salary
High: $218,550.00
Average: $141,190.00
Hourly
Average: $67.88

What they do:

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

On the job, you would:

  • 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.

Personality

A3 Your Strengths Importance

Characteristics of this Career

99% Integrity  -  Job requires being honest and ethical.
92% Dependability  -  Job requires being reliable, responsible, and dependable, and fulfilling obligations.
91% Leadership  -  Job requires a willingness to lead, take charge, and offer opinions and direction.
91% Self-Control  -  Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
86% Initiative  -  Job requires a willingness to take on responsibilities and challenges.
86% Attention to Detail  -  Job requires being careful about detail and thorough in completing work tasks.
86% Stress Tolerance  -  Job requires accepting criticism and dealing calmly and effectively with high-stress situations.
84% Adaptability/Flexibility  -  Job requires being open to change (positive or negative) and to considerable variety in the workplace.
81% Cooperation  -  Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.
78% Achievement/Effort  -  Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
78% Persistence  -  Job requires persistence in the face of obstacles.
75% Concern for Others  -  Job requires being sensitive to others' needs and feelings and being understanding and helpful on the job.
74% Analytical Thinking  -  Job requires analyzing information and using logic to address work-related issues and problems.
71% Independence  -  Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
A3 Your Strengths Importance

Strengths

100% Enterprising  -  Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
83% Conventional  -  Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
A3 Your Strengths Importance

Values of the Work Environment

67% Achievement  -  Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
67% Relationships  -  Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.
67% Independence  -  Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

Aptitude

A3 Your Strengths Importance

Abilities | Cognitive, Physical, Personality

78% Problem Sensitivity  -  The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
78% Oral Expression  -  The ability to communicate information and ideas in speaking so others will understand.
75% Oral Comprehension  -  The ability to listen to and understand information and ideas presented through spoken words and sentences.
75% Near Vision  -  The ability to see details at close range (within a few feet of the observer).
72% Deductive Reasoning  -  The ability to apply general rules to specific problems to produce answers that make sense.
72% Written Comprehension  -  The ability to read and understand information and ideas presented in writing.
72% Written Expression  -  The ability to communicate information and ideas in writing so others will understand.
72% Inductive Reasoning  -  The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
69% Speech Recognition  -  The ability to identify and understand the speech of another person.
69% Speech Clarity  -  The ability to speak clearly so others can understand you.

Job Details

Responsibilities
Examine financial records to ensure compliance with policies or regulations.
Monitor flow of cash or other resources.
Develop emergency response plans or procedures.
Monitor organizational procedures to ensure proper functioning.
Develop computer or information systems.
Interview employees, customers, or others to collect information.
Manage organizational security activities.
Advise others on business or operational matters.
Determine operational compliance with regulations or standards.
Inspect condition or functioning of facilities or equipment.
Conduct employee training programs.
Manage organizational security activities.
Recommend organizational process or policy changes.
Conduct financial or regulatory audits.
Supervise employees.
Hire personnel.
Maintain operational records.
Manage organizational security activities.
Conduct financial or regulatory audits.
Manage organizational security activities.
Establish interpersonal business relationships to facilitate work activities.
Investigate crimes committed within organizations.
Investigate illegal or suspicious activities.
Communicate with government agencies.
Determine resource needs.
Analyze forecasting data to improve business decisions.
Advise others on legal or regulatory compliance matters.
Monitor organizational compliance with regulations.
Analyze risks to minimize losses or damages.
Develop operating strategies, plans, or procedures.
Manage organizational security activities.
A3 Your Strengths Importance

Attributes & Percentage of Time Spent

100% Electronic Mail  -  How often do you use electronic mail in this job?
96% Contact With Others  -  How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it?
95% Telephone  -  How often do you have telephone conversations in this job?
93% Indoors, Environmentally Controlled  -  How often does this job require working indoors in environmentally controlled conditions?
92% Face-to-Face Discussions  -  How often do you have to have face-to-face discussions with individuals or teams in this job?
91% Responsible for Others' Health and Safety  -  How much responsibility is there for the health and safety of others in this job?
85% Work With Work Group or Team  -  How important is it to work with others in a group or team in this job?
84% Freedom to Make Decisions  -  How much decision making freedom, without supervision, does the job offer?
80% Impact of Decisions on Co-workers or Company Results  -  What results do your decisions usually have on other people or the image or reputation or financial resources of your employer?
78% Structured versus Unstructured Work  -  To what extent is this job structured for the worker, rather than allowing the worker to determine tasks, priorities, and goals?
77% Frequency of Decision Making  -  How frequently is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization?
75% Deal With External Customers  -  How important is it to work with external customers or the public in this job?
74% Frequency of Conflict Situations  -  How often are there conflict situations the employee has to face in this job?
73% Importance of Being Exact or Accurate  -  How important is being very exact or highly accurate in performing this job?
73% Time Pressure  -  How often does this job require the worker to meet strict deadlines?
66% Coordinate or Lead Others  -  How important is it to coordinate or lead others in accomplishing work activities in this job?
66% Letters and Memos  -  How often does the job require written letters and memos?
84% Duration of Typical Work Week  -  Number of hours typically worked in one week.
A3 Your Strengths Importance

Tasks & Values

90% Getting Information  -  Observing, receiving, and otherwise obtaining information from all relevant sources.
90% Making Decisions and Solving Problems  -  Analyzing information and evaluating results to choose the best solution and solve problems.
86% Establishing and Maintaining Interpersonal Relationships  -  Developing constructive and cooperative working relationships with others, and maintaining them over time.
86% Communicating with Supervisors, Peers, or Subordinates  -  Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
83% Identifying Objects, Actions, and Events  -  Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
83% Documenting/Recording Information  -  Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
81% Training and Teaching Others  -  Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.
80% Working with Computers  -  Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
77% Evaluating Information to Determine Compliance with Standards  -  Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
76% Organizing, Planning, and Prioritizing Work  -  Developing specific goals and plans to prioritize, organize, and accomplish your work.
75% Communicating with People Outside the Organization  -  Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
74% Coaching and Developing Others  -  Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
74% Analyzing Data or Information  -  Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
72% Developing Objectives and Strategies  -  Establishing long-range objectives and specifying the strategies and actions to achieve them.
72% Resolving Conflicts and Negotiating with Others  -  Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.
72% Developing and Building Teams  -  Encouraging and building mutual trust, respect, and cooperation among team members.
71% Processing Information  -  Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
69% Guiding, Directing, and Motivating Subordinates  -  Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
69% Monitoring Processes, Materials, or Surroundings  -  Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
68% Selling or Influencing Others  -  Convincing others to buy merchandise/goods or to otherwise change their minds or actions.
67% Updating and Using Relevant Knowledge  -  Keeping up-to-date technically and applying new knowledge to your job.

Getting Started

Education:
55%
Bachelor's Degree
14%
High School Diploma - or the equivalent (for example, GED)

Information provided by CareerFitter, LLC and other sources.

Sections of this page includes information from the O*NET 27.3 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license.

CareerFitter, LLC has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.