Loss Prevention / Asset Protection Specialist
Quick Facts
Median Salary$41,590
Most Common EducationHigh school or GED
Projected 10-Year Growth-24.73%
Assessment MatchTake the Assessment
What They Do
A Loss Prevention or Asset Protection Specialist supervises shoppers to deter theft of merchandise or assets from the building. They may manage a security team.
Core Tasks:
- Investigate known or suspected internal theft, external theft, or vendor fraud.
- Implement or monitor processes to reduce property or financial losses.
- Identify and report merchandise or stock shortages.
- Maintain documentation or reports on security-related incidents or investigations.
- Verify proper functioning of physical security systems, such as closed-circuit televisions, alarms, sensor tag systems, or locks.
- Apprehend shoplifters in accordance with guidelines.
- Conduct store audits to identify problem areas or procedural deficiencies.
- Identify and report safety concerns to maintain a safe shopping and working environment.
- Inspect buildings, equipment, or access points to determine security risks.
- Monitor compliance with standard operating procedures for loss prevention, physical security, or risk management.
- Perform covert surveillance of areas susceptible to loss, such loading docks, distribution centers, or warehouses.
- Prepare written reports on investigations.
- Collaborate with law enforcement agencies to report or investigate crimes.
- Testify in civil or criminal court proceedings.
- Train establishment personnel in loss prevention activities.
- Recommend methods to reduce potential financial fraud losses.
- Coordinate with risk management, human resources, or other departments to assist in company programs, investigations, or training.
- Respond to critical incidents, such as catastrophic events, violent weather, or civil disorders.
- Recommend new or improved processes or equipment to reduce risk exposure.
- Direct work of contract security officers or other loss prevention agents.
What to expect as a Loss Prevention / Asset Protection Specialist
1Earn a High school or GED Diploma
40% of people achieve this level of education.
2Gain skills and experience
See Loss Prevention / Asset Protection Specialist related courses on Tallo
3Land a job
5086 openings for Loss Prevention / Asset Protection Specialists
Career Progression
in United States (Nation)
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