This is a known defect which will be addressed in a future patch or service pack for UIM.
Reference defect: DE349489
As an interim solution, please run the following SQL against the UIM database or schema:
Update SSRV2Template set acl='USM Monitoring Configuration Service' where acl='Account Administration';
Please restart the probe: mon_config_service on the primary hub.
Now, monitoring users will be able to see the additional "Setup" under Monitoring (as long as the package was previously downloaded to the archive.