Remove stems, seeds and white pith from the red pepper and jalapeno. Cut into large chunks and place into a food processor. Pulse until peppers are finely diced.

In another bowl, beat cream cheese and ranch dressing mix together until smooth and creamy. Fold in the shredded cheese along with the finely diced peppers.

Place dip in a serving dish and serve with Tostitos Scoops. Serves 10-12.