04 Sep
|
Acme Services Private
|
India
04 Sep
Acme Services Private
India
Job Description:
- Jewelry, watches, high-value electronics, or another high-value-low-bulk retail category strongly preferred -
- general apparel/grocery LP experience does not transfer cleanly to per-gram gold reconciliation or diamond
- certification fraud, which are jewelry-specific loss vectors.
- Background in investigations - ex-law enforcement, ex-defence, or corporate investigations experience is
- common in Indian jewelry retail LP hiring and helps with the FIR/law-enforcement liaison part of the role.
- Working knowledge of CCTV/VMS systems, EAS/RFID tagging, vault and protected protocols, and POS exception
- reporting.
- Familiarity with the regulatory patchwork that actually applies (see Section 7) - there is no single "Loss
- Prevention Act" in India; SOPs must instead be built against the Private Security Agencies (Regulation) Act 2005,
- applicable state Shops & Establishments Act, BIS hallmarking compliance, IT Act provisions on CCTV/data
- retention, and standard labour law on employee investigations and termination.
- Certification such as LPC (Loss Prevention Certified, US-based) or a local equivalent is a plus, not a prerequisite
- - don't screen out strong regional candidates for lacking a Western certification.
- 3.2 Core responsibilities
- Policy & SOP ownership
- Author and maintain the Loss Prevention SOP manual: opening/closing procedures, vault access, key control,
- CCTV coverage standards, EAS tagging, cash handling, high-value item movement between stores, and customer
- bag/parcel checks.
- Define minimum security standards for FOFO stores and the audit checklist used to certify compliance; own the
- escalation path to franchise owners for non-compliance.
- Investigations
- Sole central point of contact for every loss-prevention incident across COCO and FOFO stores - shrinkage
- variance, till mismatches, suspected internal theft, external theft, robbery/burglary, and vendor fraud.
- Conduct or direct investigations; own the incident log and case files; coordinate with police for FIR filing and
- evidentiary handover (CCTV footage, POS exception reports).
- Coordinate with HR and Legal on disciplinary action and termination for cause arising from LP findings.
- Audit & compliance
- Run scheduled and surprise store audits (physical security, SOP adherence, stock reconciliation) across COCO
- stores directly, and FOFO stores per the franchise audit clause.
- Own the monthly stock/shrinkage reconciliation review with Finance; flag variance beyond threshold for
- investigation.
📌 Loss prevention officer (Ex-Army) (India)
🏢 Acme Services Private
📍 India