I really hope this isn't outing, but here goes.
A job has become available in my organisation which is within my remit (but not my team or department) but has more significantly more responsibility. The main objectives are actually what I do but on a much smaller scale (think organisational level whereas this is on a regional level).
As far the job goes, they are looking for special emphasis on 4 competencies - I fully meet 3 and partially meet 1 - but the partial one is an 'understanding of', the others are 'able to do' so it's researchable.
However I work or have worked with many of the staff in that department and I'm conscious that they are aware of my current grade. Additionally, an aspect of the role would be managing some of those colleagues (who are currently all paid more than me). I wouldn't even be considering this if it was 2-3 steps up, but at this grade I'm worried I'll just be embarrassing myself.
And of course, I have no way of knowing if it's actually already ear-marked for someone in that team already but it's part of the 'process' to fairly advertise.
Do I apply and risk making a fool of myself or am I better holding back, discussing with the manager (who I have also worked with on numerous projects) about my interest of being part of the team and asking to be kept in the loop if something else comes up?