Heat large skillet on high and add 1 tablespoon dressing, shrimp, red peppers, and seasoning. Cook for 1 minutes or until shrimp is heated through and evenly coated in dressing.
Stir in remaining dressing.
Layer chips, shrimp mixture and cheese in oven safe skillet (or microwaveable dish). Repeat layers.
Melt cheese in oven for about 5 minutes ( or microwave for 1-2 minutes).
Top with onions, cilantro, and jalepenos. Optional: add a dollop of sour cream or guacamole on top.