Roles and Responsibilities of a Loss Prevention Manager

- Prevent Theft and Shrinkage

- Develop and implement loss prevention strategies.

- Investigate internal and external theft.

- Monitor inventory shrinkage and identify root causes.

- Recommend corrective actions to minimize losses.

- Conduct Investigations

- Investigate employee misconduct, fraud, and policy violations.

- Gather evidence through CCTV footage, interviews, and documentation.

- Prepare investigation reports and maintain confidential records.

- Coordinate with law enforcement when required.

- Monitor Security Systems

- Oversee CCTV, access control, alarm systems, and security equipment.

- Ensure all security systems are functioning effectively.

- Review surveillance footage to identify suspicious activities.

- Risk Assessment and Compliance

- Conduct regular security audits and risk assessments.

- Ensure compliance with company policies and legal regulations.

- Identify vulnerabilities and implement preventive measures.

- Inventory Control

- Monitor inventory accuracy and stock movements.

- Support cycle counts and physical inventory audits.

- Investigate inventory discrepancies and recommend improvements.

- Employee Training

- Train employees on loss prevention policies and security procedures.

- Promote awareness of fraud prevention and workplace safety.

- Conduct refresher training and compliance sessions.

- Incident Management

- Respond promptly to security incidents and emergencies.

- Prepare incident reports and recommend corrective actions.





- Coordinate emergency response procedures when necessary.

- Vendor and Contractor Security

- Monitor vendor and contractor activities.

- Ensure adherence to security protocols during deliveries and site visits.

- Investigate supplier-related losses or irregularities.

- Data Analysis and Reporting

- Analyze loss trends, shrinkage reports, and incident data.

- Prepare weekly and monthly reports for senior management.

- Track key performance indicators (KPIs) related to loss prevention.

- Team Leadership

- Supervise and mentor loss prevention officers and security personnel.

- Schedule staff and monitor performance.

- Foster a culture of accountability and continuous improvement.

Key Skills

- Investigation and interviewing techniques

- Risk assessment and problem-solving

- Knowledge of CCTV and electronic security systems

- Inventory and audit management

- Fraud detection and prevention

- Leadership and team management

- Robust analytical and reporting skills

- Communication and conflict resolution

- Knowledge of legal and regulatory requirements

- Proficiency in Microsoft Excel and reporting tools

Typical KPIs

- Reduction in inventory shrinkage

- Number of theft/fraud cases resolved

- Inventory accuracy percentage

- Audit compliance score

- Incident response time

- Recovery value from investigations

- Employee compliance with security procedures

- Safety and security incident reduction

Pay: ₹459,191.94 - ₹2,007,136.29 per year

Benefits

- Paid time off

Work Location: In person

📌 Loss Prevention Manager (HSR Layout)
🏢 Superliora logistics
📍 HSR Layout