01 - Preheat oven to 350°F.
02 - In a large mixing bowl, combine cream cheese and sour cream. Stir until smooth.
03 - Add corn, red bell pepper, green onions, jalapeño, cheddar cheese, Monterey Jack cheese, garlic powder, smoked paprika, salt, and black pepper. Mix until well combined.
04 - Transfer the mixture to a 9-inch oven-safe baking dish. Spread evenly.
05 - Bake for 25 minutes, or until hot and bubbly and the top is lightly golden.
06 - Remove from oven. Let cool for 5 minutes, then garnish with chopped cilantro if desired.
07 - Serve warm with tortilla chips, crackers, or sliced vegetables.