Hello,
Thanks for getting back to me.
according to the Release Notes of SC 4.1.2, there was no problem fixed in 4.1.2 with the description you mentioned in this post.
Perhaps simply reinstall and reconfigure your SC would have resolved the issue too 
As a matter of fact, yesterday, I tried to set this up with 4.1.0 and I could successfully backup and restore a oracle database using policy object:


I thought this information could be useful to those who may see a problem when configuring policy object.
Kind Regards,
Domenico Di Mauro.