Asset protection managers are hired by many companies to help them in sorting out asset loss and shrinkage and to assist them in ensuring that both external and internal threats are minimized.
These individuals make sure that a company’s assets are safeguarded against possible threats, and that any correlating issues are handled in an immediate manner.
Education & Skills Requirements
A bachelor’s degree in business is required by most employers if one wants to work as an asset protection manager. If you have worked in a similar capacity before, you will know most of what there is to know about the work and will be considered a good contender to hire.
Exceptional analytic skills, knowledge of creating and implementing asset protection strategies, good judgment, and the ability to monitor and assess the performance of key initiatives are also important if this is the work that you want to do. Asset protection managers are required to be exceptionally independent and possess critical thinking skills so that they can effectively manage this work.
When you are in the process of writing a resume for the position of an asset protection manager, you must make sure that you are aware of what you will be expected to do once hired in this role. Some of the prime duties that you will be expected to perform in this role include:
• Create asset protection management programs and provide correlating training and awareness to store teams.
• Perform store assessments and inspections, and provide recommendations to correct deficiencies.
• Initiate and implement appropriate strategies to meet or exceed shrinkage goals.
• Conduct surveillance and investigation to detect internal and external loss within the store.
• Review asset protection case management systems to ensure that all entries are accurate and complete.
• Conduct physical security checks, and make recommendations to protect assets and improve profitability.
• Partner with law enforcement personnel, and prepare case reports for criminal prosecution.
• Create and maintain liaison with management teams to identify and develop solutions for shrink related issues.
• Ascertain the implementation and efficacy of asset protection strategies at the store level.
• Detect, deter and detain both internal and external theft suspects, according to established guidelines.
• Investigate and document incidents of theft and shrinkage, and identify and report unsafe behavior and environments.
• Communicate asset protection and safety strategies to reduce incidents of shrinkage.
• Ascertain that timely response and follow up is made during critical incidents while ensuring that company protocols are followed.