Symptoms:
/var/log/vmware/applmgmt/backupScheduelerCronJob.log
Error Code : 4312
2021-07-09 00:00:01,872 65336 Starting the scheduled retention jobs.
2021-07-09 23:00:01,671 12409 Issuing the scheduled backup request for schedule: default.
Error Code : 4312
2022-02-14 00:00:05 10.167.134.166 Domain\Administrator 10.126.3.15 21 dele /vCenter/sn_sc2-10-187-154-147.nimbus.eng.vmware.com/S_7.0.2.00200_20220213-235504_/backup-metadata.json 250 0 0 65acd21b-9dd0-40d9-bbdd-083d73da52c0 /vCenter/sn_sc2-10-187-154-147.nimbus.eng.vmware.com/S_7.0.2.00200_20220213-235504_/backup-metadata.json
2022-02-14 16:31:02 10.196.84.252 Domain\Administrator 10.126.3.15 21 dele vCenter/sn_sc2-10-186-84-242.eng.vmware.com/M_6.7.0.50000_20220214-162720_/backup-metadata.json 250 0 0 4e2d9118-ecbc-46af-882a-a190fb8fc5ef /vCenter/sn_sc2-10-186-84-242.eng.vmware.com/M_6.7.0.50000_20220214-162720_/backup-metadata.json
VMware vCenter Server 7.0.x
The issue is resolved in vCenter Server 7.0 Update 3f