Job closed
Job description / Role
The primary role of the Loss Prevention Manager will revolve around developing and implementing procedures for minimizing the loss of merchandise, money or company assets as much as possible, design effective methods to reduce property or financial losses for Trafalgar and improve profitability by developing and implementing security and safety programs for employees and customers.
ESSENTIAL FUNCTIONS:
• Minimizing the financial losses of a retail operation related to theft, vandalism, accident, and shoplifting. This position requires the ability to develop ways to detect safety issues and security violations and to put programs in place to prevent repeat occurrences.
• Communicate effectively and work cooperatively with stores, Finance, HR and administration. Loss prevention manager must work with discretion and professionalism, and maintain confidentiality at all times.
• Advising Managers on Security issues and investigating incidents stock loss and internal dishonesty.
• Training and supporting store personnel and monitoring of physical & electronic security systems. Conducting compliance audits and managing security incidents.
• Investigate known or suspected internal theft, external theft, or vendor fraud.
• Conduct store audits to identify problem areas or procedural deficiencies.
• Ensure all stores are sending their monthly stock count report ontime.
• Responsible for complete stock taking whenever needed
• Identify and report merchandise or stock shortages
• Inspect buildings, equipment, or access points to determine security risks.
• Maintain documentation or reports on security-related incidents or investigations.
• Monitor compliance with standard operating procedures for loss prevention, physical security, or risk management.
• Create a reporting system
• Verify proper functioning of physical security systems, such as closed-circuit televisions, alarms, sensor tag systems, or locks
Internal Focus for Loss Prevention Managers
• The internal focus of Loss Prevention Manager includes cash handling theft, inventory control, facilities and equipment damage, security access violations, fraud, and a variety of audits of employee activities. Effectively implementing and managing loss prevention processes and programs are essential.
External Focus for Loss Prevention Managers
• Shoplifting, vandalism, counterfeiting, robbery, burglary, and store safety are the primary areas of external focus.
SUPERVISION REQUIRED/GIVEN:
Receives general supervision from the General Manager
Requirements
• Excellent analytical and investigation skills
• Investigator with a strong work ethic and the ability to organise and prioritise a very demanding workload.
• Auditing Skills
• Reporting Skills
Education and Experience
• Undergraduate/Bachelor's degree preferably in Loss prevention/Accounts & Finance
• Work experience of eight to ten years in a similar position with a reputed Retail company in Kuwait
About the Company
Trafalgar is an internationally recognized luxury retailer with 14 specialized boutiques in Kuwait and over 40 years of operating expertise. From its humble beginnings in 1972, Trafalgar continues to build in popularity as it provides its loyal customers the best in fine jewellery, watches and couture.
The brands in Trafalgar’s portfolio have steadily increased during the past decade. Today, Trafalgar represents many of the highly recognized and respected luxury brands. Although its focus was the watch and jewelry field, Trafalgar has over the past 7 years entered the world of fashion. With a portfolio of 14 POS spread throughout the most recognized shopping centers of Kuwait, over 150 employees, and an unmatched reputation for professional ethics, Trafalgar is well geared to meet future challenges.
Remaining true to its identity as an independent company, Trafalgar today is managed by Amer Alansari and his wife Christiane. Combining their individual strengths (Amer Alansari’s educational background in business management and hospitality, and Christiane’s in the field of retailing and fashion design), the company is looking forward to the many new adventures it will surely face.