Shawn P. Parry
Houston,TX
Summary
Multi-talented business leader bringing several years of experience as successful professional. Strategic problem solver and change manager. Visionary executive implements plans that meet current and future needs. Key expertise in industry.
Overview
29
29
years of professional experience
Work History
Vice President/ Assistant Treasurer
SunAmerica Asset Management LLC
2014.01 - Current
- Responsible for oversight of approximately 115 mutual funds with $75.9 billion in assets under management which are primarily sub-advised
- Oversee completion of annual and semi-annual reporting requirements for mutual funds, including certain SEC filings (N-CSR, N-CEN, N-PORT, N-14 and N1-A)
- Key contributor to the implementation of Tailored Shareholder Reporting (“TSR”)
- Directed the implementation of a new financial reporting system - ArcReporting
- Coordinate with external auditors’ completion of all reviews and audits relating to filings (e.g
- SEC filings, Shareholder reports, etc)
- Attend and present at regularly scheduled mutual fund Board of Directors meetings
- Senior member of pricing committee
- Involved in all tax issues relating to the mutual fund industry; including Excise Tax, 1099 reporting and financial statement reporting
- Oversight to expense processing and accruals
- Manage 15+ staff members, including oversight of Tax and Pricing Coordinators
Assistant Vice President/ Assistant Treasurer
SunAmerica Asset Management LLC
2010.01 - 2014.01
- Manage completion of annual and semi-annual reporting requirements for mutual funds, including certain SEC filings
- Coordinate with external auditors’ completion of all reviews and audits relating to filings (e.g
- SEC filings, Shareholder reports, etc)
- Member of pricing committee to monitor current valuations of securities
- Involved in the hiring process and the yearly review of subordinate performance evaluations, currently manage staff of eight
- Involved in all tax issues related to industry including: Excise Tax, 1099 reporting and financial statement reporting
Senior Product Manager
Invesco Ltd.
2009.01 - 2010.01
- Partner with investment team in the promotion and sale of fixed income investment products and services
- Write product specific commentary as required for internal or external client usage, including regulatory required annual reports and prospectus updates as well as quarterly fund specific materials
- Work with product and channel marketing as central idea source for content included in all marketing materials
- Maintain knowledge of economy, financial markets, asset classes and competitive landscape
- Assist with RFP completion by providing and verifying investment process based questions
- Coordinate quarterly internal product/market update conference calls
Senior Investment Manager
AIG Investments
2006.01 - 2009.01
- Manage over 25 fixed income high yield accounts with over $11.3 billion in assets
- Implement portfolio strategy among the accounts managed
- Assess risk and ensure diversification within each portfolio
- Analyze and coordinate compliance related matters as they apply to each investment portfolio’s guidelines and restrictions
- Write commentaries for monthly, quarterly and annual marketing and board reports
- Manage cash positions (inflows, outflows and utilization of cash)
- Client reporting and marketing presentations, including RFP’s
- Extensive knowledge of Bloomberg L.P and Yield book (Citigroup analytical program)
Fund Administration Supervisor
SunAmerica Asset Management LLC
2003.01 - 2006.01
- Similar roles as Assistant Vice President stated above, in addition;
- Prepare and review information for quarterly board meetings
- Monitor expense budgets and verify accruals periodically
- Prepare 1099 shareholder information and provide all appropriate information to Transfer Agent and Investment Company Institute
- Ensure funds comply with SEC and IRS regulations
Tax Manager
BNY Mellon (Formerly, PFPC Inc.)
2000.01 - 2003.01
- Responsible for the completion of tax analysis for Mutual Funds and researching all tax issues
- Involved in the completion of year-end Financial Statement reporting process
- Completion of Excise tax calculations, 1099 shareholder processing, federal and state tax return filings, and calculation of taxable income and distribution calculations
- Facilitate training classes on various taxation issues relating to mutual funds
- Such as: wash sale rules, section 1256, Subchapter M Compliance (compliance relating to Regulated Investment Companies), excise distributions, and tax return preparation
- Direct contact with internal accounting groups, auditors, clients and vendors
Senior Supervisor Fund Accounting
BNY Mellon (Formerly, PFPC Inc.)
1996.01 - 2000.01
- Review international equity and fixed income mutual fund accounts for accuracy of daily accounting tasks
- Including, but not limited to: reconciliations, cash projections, expense budget and accruals
- Verification of net asset value calculations
- Preparation and review of annual and semi-annual financial statements
- Additional experience with hedge fund accounting, partnerships and real estate investment trust companies
Education
Master of Science - Accounting
University of St. Thomas
05.2007
Bachelor of Accountancy -
University of Mississippi
08.1995
Skills
- Financial statement preparation and analysis
- Strong Understanding of Internal Revenue Code
- Knowledge of GAAP Rules and Regulations
- 20 Years Management Experience and Mutual Fund Indusrty experience
Personal Information
Title: Vice President, Assistant Treasurer
Timeline
Vice President/ Assistant Treasurer
SunAmerica Asset Management LLC
2014.01 - Current
Assistant Vice President/ Assistant Treasurer
SunAmerica Asset Management LLC
2010.01 - 2014.01
Senior Product Manager
Invesco Ltd.
2009.01 - 2010.01
Senior Investment Manager
AIG Investments
2006.01 - 2009.01
Fund Administration Supervisor
SunAmerica Asset Management LLC
2003.01 - 2006.01
Tax Manager
BNY Mellon (Formerly, PFPC Inc.)
2000.01 - 2003.01
Senior Supervisor Fund Accounting
BNY Mellon (Formerly, PFPC Inc.)
1996.01 - 2000.01
Master of Science - Accounting
University of St. Thomas
Bachelor of Accountancy -
University of Mississippi