607-Burbank- Loss Prevention Manager at Forman Mills Inc – Burbank, Illinois

Reports To: District Loss Prevention Manager

General Summary

The Loss Prevention Manager plays an integral role in reducing inventory shrinkage while helping to improve store “In Stock” position by effectively managing Loss Prevention programs through partnerships between the Store Manager, District Manager and District Loss Prevention Manager. Performance measures include maintaining inventory shrinkage at or below annual shrink budget, the ability to hire, train and develop Loss Prevention Agents, Loss Prevention Door Greeters, and Store personnel in areas related to shrink reduction strategies, safety and cash management.

The core job responsibilities of a Loss Prevention Manager include, though are not limited to:

1. Reduce inventory shrinkage to acceptable levels (at or below budget).
2. Engage store personnel on issues related to inventory shrink, lost sales and profitability.
3. Conduct loss prevention awareness meetings, new-hire orientation and shrink reduction strategy meetings in conjunction with the District Loss Prevention Manager.
4. Communicate effectively with store management team on issues impacting inventory shrinkage to include staffing of fitting rooms, door greeters, sidewalk sale coverage, physical security (lock, EAS, CCTV needs), employee integrity concerns.
5. Engage and motivate store teams in areas impacting inventory; physical security, shoplifting awareness and operational loss controls.
6. Build and foster safety culture in assigned store to reduce workers compensation and general liability claims.
7. Execute Loss Prevention programs as set for by the Company.
8. Complete weekly store reviews and working with management teams to address opportunities.
9. Investigate and address shoplifting incidents.
10. Conduct investigations of internal dishonesty through effective analysis of POS data and timely reaction to internal / external tips.
11. Always present oneself in a professional manner to include dress attire and general demeanor.
Position Requirements

• The LPM must be energetic, show initiative and attention to detail.
• Must be available to work -days, nights, weekends and rotating shifts.
• The LPM must have experience working in retail, preferably in a loss prevention capacity.
• The LPM must have a high school degree or GED.
• The LPM must possess good interpersonal skills and be able to work in a fast paced, retail environment
• The LPM must build partnerships with the DM, Store/Management Team on shrink awareness and ineffective operational controls
• The LPM must have a general understanding and working knowledge of Microsoft applications (Word, Excel).
• The LPM should have a general knowledge of the law as it pertains to shoplifting and not be intimated making apprehensions.
• The LPM must be available to work in multiple locations within the district.