diff --git a/python/treelite/contrib/__init__.py b/python/treelite/contrib/__init__.py
index 85247e22..531e6328 100644
--- a/python/treelite/contrib/__init__.py
+++ b/python/treelite/contrib/__init__.py
@@ -179,7 +179,8 @@ def generate_cmakelists(dirpath, options=None):
         ''', file=f)
 
 
-def create_shared(toolchain, dirpath, nthread=None, verbose=False, options=None):
+def create_shared(toolchain, dirpath, *, nthread=None, verbose=False, options=None,
+                  long_build_time_warning=True):
     """Create shared library.
 
     Parameters
@@ -199,6 +200,8 @@ def create_shared(toolchain, dirpath, nthread=None, verbose=False, options=None)
     options : :py:class:`list <python:list>` of :py:class:`str <python:str>`, \
               optional
         Additional options to pass to toolchain
+    long_build_time_warning : :py:class:`bool <python:bool>`, optional
+        If set to False, suppress the warning about potentially long build time
 
     Returns
     -------
@@ -253,18 +256,19 @@ def create_shared(toolchain, dirpath, nthread=None, verbose=False, options=None)
     else:
         options = []
 
-    # write warning for potentially long compile time
-    long_time_warning = False
-    for source in recipe['sources']:
-        if int(source['length']) > 10000:
-            long_time_warning = True
-            break
-    if long_time_warning:
-        log_info(__file__, lineno(),
-                 '\033[1;31mWARNING: some of the source files are long. ' + \
-                 'Expect long compilation time.\u001B[0m ' + \
-                 'You may want to adjust the parameter ' + \
-                 '\x1B[33mparallel_comp\u001B[0m.\n')
+    # Write warning for potentially long compile time
+    if long_build_time_warning:
+        warn = False
+        for source in recipe['sources']:
+            if int(source['length']) > 10000:
+                warn = True
+                break
+        if warn:
+            log_info(__file__, lineno(),
+                     '\033[1;31mWARNING: some of the source files are long. ' + \
+                     'Expect long build time.\u001B[0m ' + \
+                     'You may want to adjust the parameter ' + \
+                     '\x1B[33mparallel_comp\u001B[0m.\n')
 
     tstart = time.time()
     _toolchain_exist_check(toolchain)
diff --git a/python/treelite/frontend.py b/python/treelite/frontend.py
index 75426b6b..ccf62942 100644
--- a/python/treelite/frontend.py
+++ b/python/treelite/frontend.py
@@ -173,15 +173,20 @@ def export_lib(self, toolchain, libpath, params=None, compiler='ast_native',
 
            model.compile(dirpath='/temporary/directory', params={}, verbose=True)
            treelite.create_shared(toolchain='msvc', dirpath='/temporary/directory',
-                         verbose=True)
+                                  verbose=True)
            # move the library out of the temporary directory
            shutil.move('/temporary/directory/mymodel.dll', './mymodel.dll')
         """
         _toolchain_exist_check(toolchain)
+
+        _params = dict(params) if isinstance(params, list) else params
+        long_build_time_warning = not (_params and 'parallel_comp' in _params)
+
         with TemporaryDirectory(dir=os.path.dirname(libpath)) as temp_dir:
             self.compile(temp_dir, params, compiler, verbose)
-            temp_libpath = create_shared(toolchain, temp_dir, nthread,
-                                         verbose, options)
+            temp_libpath = create_shared(
+                toolchain, temp_dir, nthread=nthread, verbose=verbose, options=options,
+                long_build_time_warning=long_build_time_warning)
             if os.path.exists(libpath) and os.path.isfile(libpath):
                 os.remove(libpath)
             shutil.move(temp_libpath, libpath)