Error: Unable to load datalist. Cannot execute as the server principal because the principal "blackbaudhost\sqlsnapuser" - when using the SQL Snapshot tool

When attempting to use the SQL Snapshot tool, you may receive the following error:  

Unable to load datalist. Cannot execute as the server principal because the principal "blackbaudhost\sqlsnapuser" does not exist, this type of principal cannot be impersonated, or you do not have permission.   
Contact Support and reference this article. A hosting system administrator will correct it.

Steps to Duplicate

From within the application access Administration > SQL Snapshot 

Environment

 Blackbaud CRM

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