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Asset protection associate vs loss prevention officer

The differences between asset protection associates and loss prevention officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an asset protection associate has an average salary of $41,564, which is higher than the $33,768 average annual salary of a loss prevention officer.

The top three skills for an asset protection associate include customer service, loss prevention and store management. The most important skills for a loss prevention officer are patrol, loss prevention, and good judgment.

Asset protection associate vs loss prevention officer overview

Asset Protection AssociateLoss Prevention Officer
Yearly salary$41,564$33,768
Hourly rate$19.98$16.23
Growth rate3%6%
Number of jobs84,642106,512
Job satisfaction--
Most common degreeBachelor's Degree, 34%High School Diploma, 31%
Average age4333
Years of experience--

What does an asset protection associate do?

An asset protection associate is responsible for monitoring the operational activities to ensure the safety and security of the assets and enforcing strict regulations to avoid financial loss through theft instances and fraud activities. Asset protection associates' duties include reiterating safety regulations for everyone's compliance, observing and reporting suspicious movements inside the premises, utilizing surveillance cameras and security equipment to trace incidents, and performing necessary inspections for all employees as advised. An asset protection associate must be knowledgeable with the security systems and implement strategies that would contribute to the company's development.

What does a loss prevention officer do?

A loss prevention officer is a part of a security team who tends to the security of a retail store. Loss prevention officers prevent theft in the store and assist the establishment with theft prevention plans and policies. Typically, they monitor the store's surveillance cameras then walk around for security. They are expected to have a strong will to place themselves in dangerous situations to maintain public safety. It is also their responsibility to determine stock shortages and report missing merchandise.

Asset protection associate vs loss prevention officer salary

Asset protection associates and loss prevention officers have different pay scales, as shown below.

Asset Protection AssociateLoss Prevention Officer
Average salary$41,564$33,768
Salary rangeBetween $22,000 And $77,000Between $22,000 And $51,000
Highest paying CityArlington, VAMiami, FL
Highest paying stateAlaskaVirginia
Best paying companyRopes & GraySouthern Healthcare
Best paying industryRetailHospitality

Differences between asset protection associate and loss prevention officer education

There are a few differences between an asset protection associate and a loss prevention officer in terms of educational background:

Asset Protection AssociateLoss Prevention Officer
Most common degreeBachelor's Degree, 34%High School Diploma, 31%
Most common majorCriminal JusticeCriminal Justice
Most common college-California State University - Bakersfield

Asset protection associate vs loss prevention officer demographics

Here are the differences between asset protection associates' and loss prevention officers' demographics:

Asset Protection AssociateLoss Prevention Officer
Average age4333
Gender ratioMale, 72.0% Female, 28.0%Male, 74.6% Female, 25.4%
Race ratioBlack or African American, 11.8% Unknown, 5.3% Hispanic or Latino, 20.3% Asian, 6.1% White, 54.9% American Indian and Alaska Native, 1.6%Black or African American, 8.4% Unknown, 7.2% Hispanic or Latino, 14.5% Asian, 4.2% White, 65.3% American Indian and Alaska Native, 0.4%
LGBT Percentage6%7%

Differences between asset protection associate and loss prevention officer duties and responsibilities

Asset protection associate example responsibilities.

  • Manage portfolios of foreclose properties to adhere to government HUD standards.
  • Manage daily BPO valuations, from order acquisition to client delivery, as well as performed reconciliations and manage accounting processes.
  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Prepare and QC production equipment for VFX supervisors.
  • Load, troubleshoot and attribute all images residing in the library.
  • Learn new hardware and software used in company to troubleshoot trouble tickets
  • Show more

Loss prevention officer example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Certify in CPR as well as self-defense training including the use of pepper spray.
  • Review surveillance footage, POS data, and audio of clients operations for theft and operational deficiencies.
  • Conduct weekly audits in order to ensure merchandise of a certain dollar amount is properly tag EAS tags.
  • Conduct store, maintenance, safety, and electronic article surveillance (EAS) audits, and 801E audits.
  • Prepare documentation and analyze data through exception reporting, POS systems, GL, and various other resources and systems.
  • Show more

Asset protection associate vs loss prevention officer skills

Common asset protection associate skills
  • Customer Service, 30%
  • Loss Prevention, 18%
  • Store Management, 12%
  • CCTV, 6%
  • Compliance Issues, 6%
  • Local Law Enforcement, 5%
Common loss prevention officer skills
  • Patrol, 20%
  • Loss Prevention, 11%
  • Good Judgment, 9%
  • Emergency Situations, 7%
  • Relevant Parties, 6%
  • Incident Reports, 6%

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