ORA-00907: missing right parenthesis

Issue

Using REGEXP_REPLACE() function with hibernate results in exception:

Caused by: java.sql.SQLSyntaxErrorException: ORA-00907: missing right parenthesis
    at oracle.jdbc.driver.T4CTTIoer11.processError(T4CTTIoer11.java:494) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CTTIoer11.processError(T4CTTIoer11.java:446) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4C8Oall.processError(T4C8Oall.java:1054) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CTTIfun.receive(T4CTTIfun.java:623) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CTTIfun.doRPC(T4CTTIfun.java:252) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4C8Oall.doOALL(T4C8Oall.java:612) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CPreparedStatement.doOall8(T4CPreparedStatement.java:226) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CPreparedStatement.doOall8(T4CPreparedStatement.java:59) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CPreparedStatement.executeForDescribe(T4CPreparedStatement.java:747) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.OracleStatement.executeMaybeDescribe(OracleStatement.java:904) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.OracleStatement.doExecuteWithTimeout(OracleStatement.java:1082) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.OraclePreparedStatement.executeInternal(OraclePreparedStatement.java:3780) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.T4CPreparedStatement.executeInternal(T4CPreparedStatement.java:1343) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.OraclePreparedStatement.executeQuery(OraclePreparedStatement.java:3822) [ojdbc8.jar:12.2.0.1.0]
    at oracle.jdbc.driver.OraclePreparedStatementWrapper.executeQuery(OraclePreparedStatementWrapper.java:1165) [ojdbc8.jar:12.2.0.1.0]
    at org.jboss.jca.adapters.jdbc.WrappedPreparedStatement.executeQuery(WrappedPreparedStatement.java:504)
    at org.hibernate.engine.jdbc.internal.ResultSetReturnImpl.extract(ResultSetReturnImpl.java:70) [hibernate-core-5.1.17.Final-redhat-00001-jbeap-16502.jar:5.1.17.Final-redhat-00002]