How to Become a Retail Loss Prevention Auditor

Step 1: Understand the job description and responsibilities of a Retail Loss Prevention Auditor

What does a Retail Loss Prevention Auditor do?

A Retail Loss Prevention Auditor analyzes and reviews store accounting, inventory, and transaction data to detect issues and ensure that policies and programs to reduce loss are implemented. Evaluates processes and procedures to identify internal control weaknesses that could result in loss. Being a Retail Loss Prevention Auditor reviews patterns and trends related to product loss. Coordinates with law enforcement to conduct investigations of theft or fraud. Additionally, Retail Loss Prevention Auditor investigates employee policy violations. May require a bachelor's degree. Typically reports to a manager. The Retail Loss Prevention Auditor occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Retail Loss Prevention Auditor typically requires 2-4 years of related experience.

Step 2: Learn best tips to become a Retail Loss Prevention Auditor

Best tips for those who want to become a Retail Loss Prevention Auditor

Here are some tips to become a Retail Loss Prevention Auditor.

Step 3: View best colleges and universities for Retail Loss Prevention Auditor

Best colleges and universities for Retail Loss Prevention Auditor

College of the Atlantic
Cleveland State University

Step 4: Think about whether is it worth to be a Retail Loss Prevention Auditor

Is being a Retail Loss Prevention Auditor Worth it?

People's Opinions on lifestyles

Summarizes loss investigation results and communicates recommendations to management via preparation of loss investigation reports.

02/16/2020: Sumter, SC

Initiate and investigate incidents of internal loss and bring investigations to closure.

03/02/2020: South Bend, IN

Other- Familiar with most loss prevention systems (Intellex, XBR, Observer, etc), able to install CCTV cameras, comfortable with MS Word, Excel, PowerPoint.

12/06/2019: San Diego, CA

Work closely with the Investigator to assist in the investigation of losses within client locations.

12/18/2019: Mobile, AL

A certified public accountant with over twenty-five years experience in loss prevention, Katz was the director of loss prevention for The General Mills Specialty Retailing Group, which included Talbots and Eddie Bauer at the time, and, prior to that, the director of loss prevention for How land Steinbach, a junior department store chain.

01/03/2020: Muskegon, MI

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Step 5: Prepare relevant skills for being a Retail Loss Prevention Auditor

What skills do you need to be a Retail Loss Prevention Auditor?

This is not a management position, but still requires important skills in order to fully execute the role. A keen understanding of the following is necessary for the role: Auditing, Investigations, Loss Prevention, Security Audit, Compliance Audit. Some of the more basic skills utilized in this role include: General Data Analysis Software. These skills are certainly important to the role, but keep in mind, fit into a company culture and environment is often just as important.

People's Opinions on Retail Loss Prevention Auditor skills

Knowledge of all retail processes, including loss prevention and operational controls.

02/11/2020: Nashville, TN

5+ years of retail audit experience, preferably in a loss prevention….

12/19/2019: Bangor, ME

Familiar with IT security operations and procedures and data loss prevention activities.

02/08/2020: Spartanburg, SC

Other- Familiar with most loss prevention systems (Intellex, XBR, Observer, etc), able to install CCTV cameras, comfortable with MS Word, Excel, PowerPoint.

02/16/2020: Stamford, CT

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Step 6: View average salary for Retail Loss Prevention Auditor

How much does a Retail Loss Prevention Auditor make?

The average salary range for a Retail Loss Prevention Auditor is from $55,482 to $67,427. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Retail Loss Prevention Auditor

$55,482 to $67,427