Joshua Smith

Professional Summary

Joshua Smith is an accomplished risk management professional with over 15 years of experience in the global commodities sector. In his current role as Director of Global Commodities Risk Management at Citi, he is responsible for overseeing the firm's comprehensive risk management strategies across a diverse portfolio of commodity-based assets and derivatives.

Professional Experience

Director - Global Commodities Risk Management, Citi (2023 - Present)

• Provide strategic leadership in developing and implementing advanced risk monitoring and mitigation frameworks to safeguard Citi's $20 billion global commodities portfolio

• Collaborate cross-functionally with trading, research, and compliance teams to identify, assess, and address emerging risks in dynamic market conditions

• Leverage data-driven analytics and simulation modeling to enhance the accuracy of risk forecasting and optimize portfolio allocations

• Spearhead the integration of cutting-edge technologies, such as machine learning algorithms, to automate and streamline risk management processes

Senior Vice President - Global Commodities Risk Management, Citi (2019 - 2022)

• Managed a team of 12 risk analysts responsible for monitoring and reporting on the firm's $15 billion commodities book

• Drove the implementation of a new risk management platform, resulting in a 25% improvement in portfolio risk visibility and a 15% reduction in trading losses

• Collaborated with regulatory bodies to ensure full compliance with evolving industry standards and guidelines

• Provided subject matter expertise to support the firm's strategic initiatives, including the launch of a new commodity index fund

Vice President - Global Commodities Risk Management, Citi (2015 - 2018)

• Developed and optimized risk monitoring dashboards, enabling real-time identification and mitigation of potential exposures

• Conducted comprehensive risk assessments and stress testing to identify vulnerabilities and inform hedging strategies

• Mentored and trained a team of junior risk analysts, contributing to their professional development and the overall strengthening of the risk management function

Education

Master of Business Administration (MBA), Finance
University of Texas at Austin, McCombs School of Business

Bachelor of Science (BS), Economics
Texas A&M University

Areas of Expertise

• Commodities risk management

• Portfolio optimization and hedging strategies

• Financial modeling and data analytics

• Cross-functional collaboration and stakeholder management

• Strategic leadership and team development

Professional Impact

• Recipient of Citi's "Excellence in Risk Management" award in 2021 for his contributions to enhancing the firm's risk visibility and reducing trading losses

• Invited speaker at industry conferences, such as the Global Commodity Trading Summit and the Energy Risk Management Forum, where he shared insights on best practices in commodity risk management

• Actively involved in industry associations, serving on the Advisory Board of the Global Commodity Risk Management Association

Conclusion

With his extensive experience, proven track record of success, and deep industry expertise, Joshua Smith is a respected leader in the global commodities risk management field. In his current role at Citi, he continues to drive innovation and foster a culture of proactive risk management, positioning the firm for long-term growth and stability in the dynamic commodities market.