Financial Advisor 3 – Advanced Practice Provider (APP) Compensation

JOB SUMMARY

The Financial Advisor 3 – APP Compensation serves as a strategic compensation partner supporting Advanced Practice Provider compensation programs across the organization in Dallas. This role leverages analytical expertise, operational excellence, healthcare compensation knowledge, and stakeholder collaboration to ensure compensation strategies align with organizational goals, market competitiveness, and internal equity.

This position partners closely with executives, operational leaders, finance, and physician/APP leadership to develop, evaluate, implement, and administer compensation programs, policies, and procedures supporting APPs. The role provides strategic consultation, leads complex compensation initiatives, performs market and financial analyses, and drives data-informed decision-making while ensuring compliance, consistency, and sound compensation governance.

ESSENTIAL FUNCTIONS OF THE ROLE

• Develop and manage client relationships, including identifying, planning, documenting, and delivering compensation services for Advanced Practice Professionals (APPs).
• Serve as a strategic advisor to executives and leadership on APP compensation design, market competitiveness, and pay program strategy.
• Conduct complex compensation and financial analyses, including market pricing, blended median calculations, specialty mapping, internal equity reviews, and ad hoc modeling.
• Analyze compensation trends and interpret market data to support recommendations and informed decision-making.
• Lead and support administration of compensation programs including annual compensation reviews, incentive programs, bonus verification, and specialized pay programs.
• Support implementation and administration of compensation programs such as call pay, leadership stipends, specialty-based compensation structures, and other strategic pay initiatives.
• Provide financial analysis and support related to incentive plans, including budget planning for Short Incentive Plans (SIP) and Annual Incentive Plans (AIP).
• Develop, standardize, and maintain compensation policies, procedures, guidelines, and pay practices for APP populations.
• Lead or support implementation of new compensation structures and ranges for specialized clinical roles and regions.
• Manage approval workflows, including HRC tickets and issue triage, ensuring timely resolution and adherence to policies.
• Partner cross-functionally with Finance, Operations, and clinical leadership on compensation-related initiatives and projects.
• Lead or contribute to complex compensation projects while ensuring compliance, operational accuracy, and effective execution.
• Communicate complex compensation concepts clearly to diverse audiences, including senior leaders and executive stakeholders.
• Support continuous improvement efforts related to compensation systems, processes, and operational effectiveness.

KEY COMPETENCIES

• Strategic Compensation Consulting
• Financial and Market Analysis
• Healthcare Compensation Expertise
• Policy and Procedure Development
• Operational and Process Management
• Executive Partnership and Stakeholder Collaboration
• Data-Driven Decision Making
• Compliance and Governance
• Project Management
• Communication and Influence
• Ethics and Integrity

Preferred Work Experience

• 4+ years of related experience in compensation, finance, healthcare operations, or strategic financial analysis.
• Experience supporting provider or Advanced Practice Provider compensation strongly preferred.
• Experience in healthcare systems, policy and procedure development, and operational/financial analysis preferred.
• Experience working with executive leadership and managing complex strategic projects preferred.

About Us

Here at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.

Our Core Values are:

• We serve faithfully by doing what's right with a joyful heart.
• We never settle by constantly striving for better.
• We are in it together by supporting one another and those we serve.
• We make an impact by taking initiative and delivering exceptional experience.

Benefits

Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:

• Immediate eligibility for health and welfare benefits
• 401(k) savings plan with dollar-for-dollar match up to 5%
• Tuition Reimbursement
• PTO accrual beginning Day 1

Note: Benefits may vary based upon position type and/or level.

Belonging Statement

We believe that all people should feel welcomed, valued and supported.

QUALIFICATIONS

• EDUCATION - Bachelor's- Preferred Bachelor’s degree required in Finance, Accounting, Business Administration, Human Resources, Healthcare Administration, or related field.
• EXPERIENCE - 4 Years of Experience