Mališić started out at his hometown side Radnički Kragujevac, before moving to Rad in the summer of 2007.

In early 2011, Mališić moved abroad to Uzbekistan and joined Nasaf Qarshi.

In July 2012, Mališić signed with Ukrainian Premier League side Hoverla Uzhhorod.

In 2014, Mališić returned to Asia and joined Hong Kong Premier League club South China.

Ahead of the 2018 season, Mališić signed to play for Indonesian club Persib Bandung.