*Club domestic league appearances and goals, correct as of 18:11, 4 May 2024 (UTC) ‡ National team caps and goals, correct as of 11:12, 22 October 2012 (UTC)
Wallace was a bit part player during his two seasons with the first team at Dumbarton, coming to the fore in their victory in the play-offs to win promotion to the Scottish First Division.
This performance earned him a move to full-time First Division side Greenock Morton for a nominal fee.[1]
In February 2014, Wallace went on loan to Queen's Park for a month.[3] After his loan spell, he returned to Morton for one start before being sent back on loan to Queen's Park until the end of the season.[4] He left Morton in the summer of 2014.
After leaving Morton, Wallace joined newly-formed BSC Glasgow competing in the Lowland Football League. He left BSC after winning the SFA Challenge Cup in his only season at the club.[5]
In June 2016, Wallace returned to the SPFL, signing for Scottish League One side East Fife.[7] He was released by East Fife after one season with the side.[8]
Wallace joined Lowland Football League side East Kilbride in November 2017.[9] After a season Wallace returned to the SPFL with Annan Athletic[10] and scored his first goal for them in the Scottish Challenge Cup against Celtic U21.[11]
On 26 May 2019, Wallace moved to Clyde, signing a two-year contract[12] but left in January 2020 for Gartcairn.[13] He returned to Annan Athletic in March 2021[14] scoring 18 times in the 2021-22 season. The following season he was part of the first Galabankies squad to win promotion from Scottish League Two.[15] He returned to Dumbarton in May 2023 after leaving Annan[16] scoring the first goal of his second spell with the club in a 2-1 win against Inverness Caledonian Thistle in July 2023.[17] He extended his deal with the club until the summer of 2025 in February 2024.[18] Wallace netted 16 times as the Sons won the promotion playoffs from Scottish League Two in the 2023-24 season - his second straight promotion from the fourth tier, and second playoff victory as a Dumbarton player.[19]