In a dutch oven over medium heat, add the olive oil, onion, and bell pepper and cook until softened, about 5 minutes.
Add the salt and pepper, cumin, garlic, cilantro, and cayenne. Stir and cook until the mixture is fragrant, about 2 minutes.
Add the corn, black beans, Rotel, chicken broth, and chicken. Stir and reduce the heat to medium-low. Allow to simmer about 20-25 minutes until the mixture has reduced slightly.
Serve hot on cooked rice and top with shredded cheese, sour cream, and tortilla chips.