Asset protection managers are responsible for preventing financial loss from theft and fraud within a company. Companies that require merchandise to be protected rely on these managers to provide security and handle theft situations in line with company policy. They usually work with a range of equipment, such as communication devices, protective gear, and restraint tools such as handcuffs. Training other professionals in the company on loss prevention is a large part of the asset protection manager's role.
Asset Protection Manager Tasks
Work with internal teams to coordinate, implement and execute shrinkage investigations to identify and resolve specific incidents of loss.
Conduct asset protection and operational audits, following the guidelines and expectations set forth in the company audit program.
Investigate and resolve issues related to internal losses, fraud, or criminal acts with a thorough knowledge and understanding of operational programs and equipment.
Administer training programs related to shrinkage control, asset protection efforts, and operational efficiencies.