Executive - Loss Prevention (Third-Party Payroll – Spectrum)

Overview

Executive – Loss Prevention role supporting retail loss prevention, risk management and operational compliance across Skechers India's South India store network, based in Bangalore and deployed through Spectrum (Third-Party Payroll).

What you'll do

• Conduct periodic and surprise store audits across South India to assess compliance with company policies, SOPs and retail operational standards.
• Review store processes, inventory controls, cash handling practices, billing procedures and operational documentation.
• Identify compliance gaps, control weaknesses and potential areas of financial or inventory loss.
• Prepare detailed audit observations, highlight deviations and recommend corrective and preventive measures.
• Coordinate with Retail Operations and store management teams to ensure timely closure of audit findings.
• Monitor and review CCTV footage to identify potential theft, fraud, suspicious transactions, unauthorized activities and process deviations.
• Investigate reported incidents involving inventory shrinkage, suspected theft, fraud, employee misconduct, cash discrepancies and operational irregularities.
• Conduct preliminary fact-finding, review transaction records, analyze CCTV footage and document investigation findings.
• Escalate significant incidents to relevant stakeholders in accordance with company policies and coordinate with HR, Legal, Finance and Retail Operations for corrective action.
• Monitor inventory movements, stock adjustments, discrepancies and shrinkage trends across stores.
• Monitor forward and reverse shipments, reviewing shipment documentation, dispatch and receipt records and return transactions.
• Review transactions through SAP and Genesys POS systems to identify irregularities, unusual patterns and potential misuse, including refunds, returns, voids, manual discounts and employee discount usage.
• Support periodic verification of fixed assets across assigned retail locations and reconcile physical assets against system records.
• Identify operational loopholes, compliance vulnerabilities and emerging loss prevention risks, and analyze root causes of recurring incidents and discrepancies.
• Prepare weekly and monthly MIS reports covering audit findings, incidents, shrinkage trends and corrective action status.
• Collaborate with Retail Operations, Finance, HR, IT, Administration, Legal and Supply Chain teams, and coordinate with Store Managers and Area Managers.

What you'll need

• Postgraduate degree from a recognized university.
• Minimum 5 years of relevant experience in Loss Prevention, Retail Audit, Risk Management, Retail Operations or Compliance.
• Strong understanding of multi-store retail operations, inventory control, cash handling, POS processes and retail compliance.
• Working knowledge of SAP and Genesys POS systems.
• Proficiency in MS Excel, PowerPoint and MIS reporting.
• Experience conducting store audits, investigating operational discrepancies and implementing corrective actions.
• Proficiency in speaking, reading and writing English, Tamil, Telugu and Malayalam (mandatory).
• Ability and willingness to travel extensively across South India.

Nice to have

• Prior experience in organized retail, preferably footwear, fashion, apparel, lifestyle or multi-brand retail.

Details

• Location: Bangalore, Karnataka; region: South India.
• Employment type: Third-Party Payroll – Spectrum.
• Role type: Individual Contributor, reporting to the Assistant General Manager.
• Extensive travel across South India.