Unable to add the token storage path for the self-service portal (4296872)

When saving the token storage path for the self-service portal in Defender Management Portal the following error appears:

 Error: "Error saving the Token location. Please check that the System Service Account user has the correct permissions for the selected folder. Permissions can be modified by running the 'Defender Delegate Control' wizard."

Confirm the management portal service account is member of the following groups:

1. Domain Users

2. Domain Admins

3. Schema Admins

4. Enterprise Admins