Error "The specified ActiveRoles Administration Service cannot be contacted" (4341298)

When running a synchronization step that requires a connection to the ActiveRoles Administration Service the following error is displayed:

Synchonrization steps aborted. Details: The specified ActiveRoles Administration Service cannot be contacted.

Details: The ActiveRoles Administration Service is not available.

The server has rejected the client credentials.

The logon attempt failed

Follow the steps below to test and correct the ActiveRoles Server connection within Quick Connect

1. Click on the Connections button
2. Click on Connection settings hyper link under the ActiveRoles Connection
3. Navigate to the Password: text box
4. Enter the appropriate password
5. Click on Test Connection
6. Click the OK button on the Connection settings are valid popup widow
7. Click Save