About the Role
The Vice President of Loss Prevention Operations is responsible for developing and executing a comprehensive strategy to reduce and prevent loss across all aspects of the company’s operations. This role includes leadership of the corporate loss prevention team, collaboration with senior management, and the implementation of risk management programs. The VP ensures compliance with industry regulations, maintains operational efficiency and safeguards company assets.
What You’ll Do
Lead and oversee the Loss Prevention department, ensuring alignment with company goals and objectives.
Develop and implement loss prevention policies, procedures, and best practices to minimize risks such as theft, fraud, and operational shrinkage.
Design, manage, and refine an enterprise-wide loss prevention strategy across all operational areas, including retail, distribution, and online sales.
Collaborate with senior leadership and cross-functional teams across corporate, retail and distribution to ensure comprehensive risk management and regulatory compliance.
Oversee loss prevention operations including investigations, audits, and data analysis to identify patterns of loss and areas of improvement.
Lead and mentor a high-performing team of loss prevention professionals, ensuring they have the tools and training necessary to succeed.
Drive technological innovations in loss prevention, including the adoption of advanced surveillance systems, data analytics, and other tools to detect and prevent fraud.
Establish and maintain strong relationships with law enforcement and other external stakeholders to improve response protocols and investigations.
Review and analyze loss data to identify trends and develop corrective action plans.
Oversee budget planning and ensure cost-effective loss prevention initiatives.
Prepare and present reports to senior executives on key metrics, trends, and recommendations.
Routinely conduct ROI analysis and build business cases that support driving results in the loss prevention division.
Ensure all loss prevention activities comply with local, state, and federal regulations.’
Additional tasks as assigned
What Skills You Have
Required
5+ years leading teams directly impacting internal and external investigations
Experience with effectively negotiating and influencing Law Enforcement agencies
Exceptional verbal, written, presentation and interpersonal communication skills
Minimum 3 years financial management experience to include budgeting, forecasting and strong financial acumen
Strong analytical skills
Preferred
Bachelor’s Degree
Field Loss Prevention leadership experience
Experience with retail and consumer products
Ability to learn new software applications with minimal training