Career
Malbašić made his Serbian SuperLiga debut with Rad in the 2010-2011 season. In the summer of 2012, he was transferred to German club 1899 Hoffenheim. Malbašić spent the 2013-2014 season on loan at Partizan.
On 21 January 2016 he moved to Vojvodina, signing a two-and-a-half-year deal with the club
Malbašić played for the Serbian national under-19 team at the 2011 Union of European Football Associations Under-19 Championship.