# Why is my ORCA calculation of nitrogen iodide failing?

I am using ORCA version 4.2.1 to calculate on the RI-BP86/def2-SVP level of theory the molecule $$\ce{NI3}$$. I would assume this to be a rather trivial matter, but I am running into an error. I've only been using ORCA casually, so I'm not that experienced. I also know that version 5.0 was just released, but I did not have the time to update.
My guess is I'm doing something wrong, or missing something important. Here is the input file:

! RI BP86 def2-SVP def2/J D3BJ TIGHTSCF Opt TIGHTOPT Grid5 FinalGrid5 Freq
! LargePrint PrintBasis
%geom
Calc_Hess true # Calculate Hessian in the beginning
Recalc_Hess 5  # Recalculate the Hessian every 5 steps
end
%maxcore 1200

*xyz 0 1
N        -0.00447226283705   -0.00447228533261   -0.00447218389615
I         1.96253257409287   -0.47903013984302   -0.47903017483099
I        -0.47903014119403    1.96253259549055   -0.47903017643514
I        -0.47903017006179   -0.47903017031492    1.96253253516228
*


The molecular structure was preoptimised with GFN2-xTB, so it should be a decent guess.

At the tail of things, within the initial SCF cycle, I'll get the error:

                         ----------------------------
!        ITERATION    27   !
----------------------------
Total Energy        :    -947.817767792740 Eh
Energy Change       :      -0.082996473216 Eh
MAX-DP              :       0.392236224899
RMS-DP              :       0.018540257659
Orbital Rotation    :       0.570102706559
Actual Damping      :       0.0000
Int. Num. El.       :    82.00000308 (UP=   41.00000154 DN=   41.00000154)
Exchange            :   -70.09754201
Correlation         :    -3.88915080

************************************************************
*                     SERIOUS PROBLEM IN SOSCF             *
*                     ------------------------             *
*            HUGE, UNRELIABLE STEP WAS ABOUT TO BE TAKEN   *
*                         ABORTING THE RUN                 *
************************************************************


What is the reason for this and how can I get it to converge?