I don't know if your company has many ML engineer jobs open, but I think you'd have a better shot at trying to transfer into an ML or data-centric role first through your company and then, after gaining some experience there, getting an offer elsewhere. That being said, I've seen it done before. As long as you're qualified for the role, the masters degree does help in realigning you more toward ML work. However, with the job market being as it is, it might be more difficult than usual to get an ML job because it's not only one of the hotter tech jobs out there but there's a lot of people in the market for a new role.

Thanks for the input! Yes we do have a Data Science department and my goal is to get my foot in the door there 🤞