Applied for a credit position at my bank, balancing career growth and current role

I applied for a job today within my current company in the banking sector, specifically in credit. The position requires 10 years of experience, and I have 9 years along with a Master's in Finance, which is higher than the Bachelor's degree they require. I'm a bit concerned about how this might reflect on my current role since I really like my job and don't want to seem like I'm job-hopping. I had a conversation with my manager before applying, but it turned out to be more of an announcement than a discussion about whether it was a good move. I'm worried about how this might affect my relationship with my manager, especially since these opportunities are rare and I really want this position. I'm curious to hear if anyone else has been in a similar situation and how it turned out for them in the short and long term.

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