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FDMEE Service wouldn't start - JPS01050 Error

Good day to everyone!

We are running FDMEE 11.1.2.4.220 on WIN2012 OS. We are having trouble starting FDMEE service after a recent uninstall & re-install/re-config of FDMEE instance and the log entries point to the below error. All the other services come up just fine. We've tried all the articles available in KB but can't get to resolve this issue. Any help/pointers from the community would be much appreciated.

Apr 10, 2020 9:03:46 AM oracle.security.jps.internal.credstore.ssp.CsfWalletManager openWallet

WARNING: Opening of wallet based credential store failed. Reason java.io.IOException

<Apr 10, 2020 9:03:46 AM EDT> <Error> <Security> <BEA-090892> <The loading of OPSS java security policy provider failed due to exception, see the exception stack trace or the server log file for root cause. If still see no obvious cause, enable the debug flag -Djava.security.debug=jpspolicy to get more information. Error message: JPS-01050: Opening of wallet based credential store failed. Reason java.io.IOException>

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