MBAM Prerequisite Checker fails with “Error retrieving Configuration Manager server role settings for ‘Reporting Services Point’ role”

I am trying to install Microsoft BitLocker Administration and Monitoring (MBAM) 2.0 on my ConfigMgr 2012 Server.

However, when I run MBAM Setup, the MBAM Prerequisite Checker fails with the following error:

Error retrieving Configuration Manager server role settings for ‘Reporting Services Point’ role

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