Smith returned to the SPL on 1 January 2010 by signing for Hibernian on a free transfer. He immediately took possession of the goalkeeper position at Hibs, as manager John Hughes sought to put a "goalkeeping school" in place. Smith was involved in a remarkable game towards the end of the 2009–10 season, as he conceded six goals against his former club Motherwell, the match finishing drawn 6–6. Smith eventually fell behind Mark Brown and Graham Stack in the selection order under the management of Colin Calderwood and was released by the club in April 2011. He had made only 16 league appearances during his 15 months with the club.
