01 - Bring chicken broth to a rolling boil in a medium saucepan. Stir in the rice, reduce heat to low, cover tightly, and simmer for 15–18 minutes until the liquid is fully absorbed and grains are tender. Remove from heat, fluff gently with a fork, and cover until ready to use.
02 - Pat the sliced steak dry with paper towels. In a small bowl, combine ground cumin, smoked paprika, chili powder, 1/2 teaspoon kosher salt, and 1/4 teaspoon black pepper. Toss the steak strips in the spice mixture until evenly coated. Heat 1 tablespoon olive oil in a large skillet over medium-high heat until the oil just begins to shimmer. Working in batches to avoid crowding, sear the steak strips for 2–3 minutes per side until a deep golden-brown crust forms and the meat is cooked through. Transfer to a plate and tent loosely with foil.
03 - Return the same skillet to medium heat and add the remaining 1 tablespoon olive oil. Add the diced onion and bell pepper, cooking for 3 minutes until they begin to soften. Stir in the minced garlic and jalapeño, continuing to cook for an additional 1–2 minutes until fragrant and the vegetables are tender-crisp.
04 - Add the fluffed cooked rice to the skillet with the sautéed vegetables. Toss everything together using a wooden spoon, breaking up any clumps of rice. Cook for 2 minutes, stirring occasionally, until the rice is heated through and well combined. Adjust seasoning with salt and pepper as needed.
05 - In a small saucepan over low heat, gently warm the queso dip, stirring frequently to prevent scorching. If the consistency is too thick for drizzling, whisk in warm milk one tablespoon at a time until the sauce reaches a smooth, pourable texture. Remove from heat.
06 - Divide the rice and vegetable mixture evenly among four plates or shallow bowls. Arrange the seared steak strips over the rice. Drizzle generously with the warm queso sauce. Finish with a scattering of fresh cilantro and serve immediately.