Competency Details ( Machine Learning and AI )

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Financial Skills Framework

Skills Dictionary

Machine Learning and AI

skill Technical Competency

Use of algorithms and statistical models to perform tasks without explicit instructions, by relying on patterns and inference instead. It's often utilized to make predictions or decisions without being specifically programmed for the task

Skill Code: T046

Level 1

Demonstrates basic knowledge of machine learning algorithms and their potential applications. Learns to identify the key components of AI models, such as supervised and unsupervised learning, and gains familiarity with tools and frameworks like Python libraries or cloud-based AI services.

Level 2

Supports the development and application of machine learning models by preparing datasets, cleaning data, and running pre-built algorithms. Assists in interpreting model outputs and fine-tuning models to improve performance. Begins understanding how to align machine learning use cases with specific organizational goals.

Level 3

Independently applies machine learning models to address business problems and optimize decision-making processes. Designs and trains models using appropriate datasets and algorithms, ensuring accuracy and scalability. Integrates AI solutions into workflows to enhance operational efficiency and generate actionable insights for strategic use.

Level 4

Leads teams in the development of AI and machine learning strategies to solve complex problems. Oversees the selection of algorithms, tools, and frameworks while ensuring projects align with organizational objectives. Mentors team members on advanced techniques and drives innovation through tailored AI solutions.

Level 5

Shapes the organizational direction in AI innovations, pioneering cutting-edge applications to drive business strategy and create competitive advantages. Establishes frameworks for ethical AI use, promotes a culture of data-driven decision-making, and aligns AI adoption with global trends and long-term business objectives.