Remove crusts from bread; reserve crusts for another use. Flatten bread slices with a rolling pin.
Stir together cream cheese and remaining ingredients. Spread 2 tablespoons cream cheese mixture on 1 side of each bread slice. Roll up tightly; cover and chill at least 4 hours. To serve, cut each roll into 4 slices.
I haven't made an olive sandwich in years. These rollups were easy and delicious.