I found another issue on this forums related to this here.
In an effort not to reopen their issue and contribute myself here is how I solved this particular problem. I can confirm that there does appear to be an issue with the JDK and the resolve for now is in Minecraft's bundled JRE.
1.) Download vanilla Minecraft launcher from here.
2.) Execute the launcher, sign in and run the Minecraft instance.
3.) Using Finder, Navigate to /Users/YOURUSERNAME/Library/Application Support/minecraft/runtime/java-runtime-beta/mac-os/java-runtime-beta/
4.) Duplicate jre.bundle.
5.) Copy this bundle to your project folder and right click -> show package contents
6.) Copy the contents of the package into a folder of your choice in your project ( I used /project/jre )
7.) In intelliJ, in the top menu choose Run -> Edit Configurations
8.) Under Application -> runClient, change the first dropdown that says Java17 to the folder you created and select the /jre/home folder.
9.) Build & Run! Victory.
Thank you to jhkjhkjn from the prior mentioned forum post for getting me on the right track.