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Episodic memory enables a cognitive system to improve its performance by reflecting upon past events. In this paper, we propose a computational model called STEM for encoding and recall of episodic events together with the associated contextual information in real time. Based on a class of self-organizing neural networks, STEM is designed to learn memory chunks or cognitive nodes, each encoding a set of co-occurring multi-modal activity patterns across multiple pattern channels. We present algorithms for recall of events based on partial and inexact input patterns. Our empirical results based on a public domain data set show that STEM displays a high level of efficiency and robustness in encoding and retrieval with both partial and noisy search cues when compared with a state-of-the-art associative memory model.